Watermark Asset Management Inc. Has $4.01 Million Stake in Schwab US Large-Cap ETF (SCHX)

Watermark Asset Management Inc. reduced its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,176 shares of the company’s stock after selling 3,447 shares during the quarter. Schwab US Large-Cap ETF accounts for 1.9% of Watermark Asset Management Inc.’s holdings, making the stock its 13th biggest holding. Watermark Asset Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $4,010,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sheets Smith Wealth Management lifted its position in shares of Schwab US Large-Cap ETF by 4.8% during the 4th quarter. Sheets Smith Wealth Management now owns 40,730 shares of the company’s stock worth $2,432,000 after buying an additional 1,848 shares during the last quarter. Curbstone Financial Management Corp lifted its position in shares of Schwab US Large-Cap ETF by 8.7% during the 4th quarter. Curbstone Financial Management Corp now owns 19,388 shares of the company’s stock worth $1,157,000 after buying an additional 1,550 shares during the last quarter. Lenox Wealth Advisors LLC lifted its position in shares of Schwab US Large-Cap ETF by 10.1% during the 4th quarter. Lenox Wealth Advisors LLC now owns 145,200 shares of the company’s stock worth $8,668,000 after buying an additional 13,366 shares during the last quarter. West Oak Capital LLC lifted its position in shares of Schwab US Large-Cap ETF by 45.2% during the 4th quarter. West Oak Capital LLC now owns 18,014 shares of the company’s stock worth $1,075,000 after buying an additional 5,611 shares during the last quarter. Finally, DeGreen Capital Management LLC bought a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter worth $9,584,000.

Shares of SCHX stock opened at $61.88 on Monday. Schwab US Large-Cap ETF has a twelve month low of $55.87 and a twelve month high of $70.50.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 3rd. Shareholders of record on Monday, December 31st were given a $0.0859 dividend. The ex-dividend date was Friday, December 28th. This represents a $0.34 annualized dividend and a yield of 0.56%.

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Schwab US Large-Cap ETF Company Profile

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.

See Also: Catch-Up Contributions

Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

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