Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Acquired by Somerset Group LLC

Somerset Group LLC raised its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 197.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 166,443 shares of the company’s stock after purchasing an additional 110,414 shares during the quarter. Schwab US Large-Cap ETF accounts for 3.5% of Somerset Group LLC’s investment portfolio, making the stock its 8th largest holding. Somerset Group LLC’s holdings in Schwab US Large-Cap ETF were worth $3,858,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc increased its stake in shares of Schwab US Large-Cap ETF by 39.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,024 shares of the company’s stock valued at $137,000 after buying an additional 569 shares in the last quarter. Kingsview Wealth Management LLC increased its position in Schwab US Large-Cap ETF by 2.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 22,409 shares of the company’s stock valued at $1,520,000 after acquiring an additional 607 shares in the last quarter. Independent Advisor Alliance raised its stake in shares of Schwab US Large-Cap ETF by 16.8% in the third quarter. Independent Advisor Alliance now owns 4,415 shares of the company’s stock worth $300,000 after acquiring an additional 634 shares during the last quarter. Cascade Financial Partners LLC lifted its position in shares of Schwab US Large-Cap ETF by 2.0% during the fourth quarter. Cascade Financial Partners LLC now owns 33,065 shares of the company’s stock worth $766,000 after purchasing an additional 655 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Schwab US Large-Cap ETF by 10.4% during the fourth quarter. Blue Trust Inc. now owns 7,718 shares of the company’s stock worth $179,000 after purchasing an additional 730 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock opened at $22.38 on Friday. The firm has a 50 day simple moving average of $23.40 and a 200 day simple moving average of $23.18. Schwab US Large-Cap ETF has a fifty-two week low of $19.50 and a fifty-two week high of $24.31. The firm has a market cap of $50.36 billion, a P/E ratio of 24.44 and a beta of 1.03.

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.