Provident Wealth Management LLC Increases Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Provident Wealth Management LLC boosted its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 218.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,063,856 shares of the company’s stock after acquiring an additional 730,164 shares during the quarter. Schwab US Large-Cap ETF accounts for 8.2% of Provident Wealth Management LLC’s holdings, making the stock its 5th largest holding. Provident Wealth Management LLC owned 0.16% of Schwab US Large-Cap ETF worth $24,660,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Sage Financial Group Inc. increased its stake in Schwab US Large-Cap ETF by 197.7% in the fourth quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock valued at $576,377,000 after purchasing an additional 16,511,474 shares in the last quarter. Campbell Wealth Management increased its position in shares of Schwab US Large-Cap ETF by 208.8% during the fourth quarter. Campbell Wealth Management now owns 15,779,897 shares of the company’s stock worth $365,778,000 after acquiring an additional 10,670,574 shares in the last quarter. McAdam LLC grew its position in Schwab US Large-Cap ETF by 210.5% in the 4th quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock worth $239,672,000 after purchasing an additional 7,009,351 shares in the last quarter. US Bancorp DE grew its position in Schwab US Large-Cap ETF by 43.8% in the 3rd quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after purchasing an additional 6,275,290 shares in the last quarter. Finally, JMG Financial Group Ltd. grew its position in Schwab US Large-Cap ETF by 194.4% in the 4th quarter. JMG Financial Group Ltd. now owns 8,298,426 shares of the company’s stock worth $192,358,000 after purchasing an additional 5,480,099 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $23.50 on Wednesday. The company has a market capitalization of $52.64 billion, a price-to-earnings ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $19.50 and a 52-week high of $24.31. The company has a 50-day simple moving average of $23.70 and a two-hundred day simple moving average of $23.11.

About Schwab US Large-Cap ETF

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.