Evolution Advisers Inc. Raises Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Evolution Advisers Inc. increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 191.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 55,985 shares of the company’s stock after acquiring an additional 36,748 shares during the period. Schwab US Large-Cap ETF makes up about 0.7% of Evolution Advisers Inc.’s investment portfolio, making the stock its 22nd largest position. Evolution Advisers Inc.’s holdings in Schwab US Large-Cap ETF were worth $1,297,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sage Financial Group Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 197.7% during the fourth quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after buying an additional 16,511,474 shares during the last quarter. US Bancorp DE lifted its position in Schwab US Large-Cap ETF by 43.8% in the third quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock valued at $1,397,264,000 after purchasing an additional 6,275,290 shares during the period. McAdam LLC lifted its position in Schwab US Large-Cap ETF by 210.5% in the fourth quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock valued at $239,672,000 after purchasing an additional 7,009,351 shares during the period. Cerity Partners LLC lifted its position in Schwab US Large-Cap ETF by 10.1% in the third quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock valued at $421,885,000 after purchasing an additional 567,858 shares during the period. Finally, BlueSky Wealth Advisors LLC lifted its position in Schwab US Large-Cap ETF by 203.2% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 5,990,685 shares of the company’s stock valued at $138,864,000 after purchasing an additional 4,014,627 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA:SCHX opened at $24.00 on Wednesday. The company has a market cap of $15.65 billion, a P/E ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52 week low of $19.39 and a 52 week high of $24.23. The company has a 50-day moving average price of $23.70 and a 200 day moving average price of $22.90.

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.