Steele Capital Management Inc. Invests $57.56 Million in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Steele Capital Management Inc. purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,020,600 shares of the company’s stock, valued at approximately $57,562,000. Schwab US Large-Cap ETF comprises about 3.7% of Steele Capital Management Inc.’s holdings, making the stock its 10th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Advisory Inc. increased its holdings in Schwab US Large-Cap ETF by 0.8% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 96,278,687 shares of the company’s stock valued at $4,871,702,000 after purchasing an additional 726,183 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab US Large-Cap ETF by 3.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 45,565,738 shares of the company’s stock worth $2,305,626,000 after acquiring an additional 1,677,942 shares in the last quarter. Cerity Partners LLC grew its stake in shares of Schwab US Large-Cap ETF by 518.6% in the fourth quarter. Cerity Partners LLC now owns 28,300,987 shares of the company’s stock worth $1,596,176,000 after acquiring an additional 23,726,348 shares in the last quarter. HBK Sorce Advisory LLC grew its stake in shares of Schwab US Large-Cap ETF by 17.9% in the fourth quarter. HBK Sorce Advisory LLC now owns 10,281,650 shares of the company’s stock worth $579,885,000 after acquiring an additional 1,559,108 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC grew its stake in shares of Schwab US Large-Cap ETF by 2.9% in the third quarter. Moneta Group Investment Advisors LLC now owns 7,231,947 shares of the company’s stock worth $365,937,000 after acquiring an additional 205,013 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX traded up $0.21 during trading on Monday, hitting $60.49. The company’s stock had a trading volume of 1,007,178 shares, compared to its average volume of 1,816,898. The business has a 50 day moving average price of $60.68 and a two-hundred day moving average price of $56.82. The company has a market capitalization of $39.26 billion, a PE ratio of 25.47 and a beta of 1.02. Schwab US Large-Cap ETF has a fifty-two week low of $47.57 and a fifty-two week high of $62.24.

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.