Prime Capital Investment Advisors LLC bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,732 shares of the company’s stock, valued at approximately $320,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHX. Essex Savings Bank bought a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $30,000. WESPAC Advisors SoCal LLC purchased a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth approximately $32,000. Baystate Wealth Management LLC purchased a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth approximately $33,000. Benjamin F. Edwards & Company Inc. increased its position in shares of Schwab US Large-Cap ETF by 42.3% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 656 shares of the company’s stock worth $39,000 after acquiring an additional 195 shares in the last quarter. Finally, Mackey Komara & Dankovich LLC purchased a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth approximately $46,000.
Schwab US Large-Cap ETF stock opened at $69.46 on Wednesday. Schwab US Large-Cap ETF has a fifty-two week low of $55.87 and a fifty-two week high of $70.50.
The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Thursday, March 21st were given a $0.288 dividend. This is an increase from Schwab US Large-Cap ETF’s previous quarterly dividend of $0.09. This represents a $1.15 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend was Wednesday, March 20th.
Schwab US Large-Cap ETF 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.
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