Envestnet Portfolio Solutions Inc. Takes $364,000 Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Envestnet Portfolio Solutions Inc. bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 15,698 shares of the company’s stock, valued at approximately $364,000.

Other large investors also recently bought and sold shares of the company. Total Investment Management Inc. raised its stake in shares of Schwab US Large-Cap ETF by 200.6% in the fourth quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock worth $313,000 after purchasing an additional 9,016 shares during the last quarter. Keystone Wealth Services LLC raised its position in Schwab US Large-Cap ETF by 200.4% during the 4th quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock worth $808,000 after buying an additional 23,252 shares during the last quarter. Brass Tax Wealth Management Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at $3,040,000. B. Riley Wealth Advisors Inc. increased its stake in shares of Schwab US Large-Cap ETF by 4.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock worth $7,469,000 after acquiring an additional 5,035 shares during the period. Finally, Pure Portfolios Holdings LLC raised its holdings in shares of Schwab US Large-Cap ETF by 201.1% during the fourth quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock worth $32,650,000 after purchasing an additional 940,747 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA:SCHX opened at $22.50 on Thursday. The firm’s fifty day moving average is $23.37 and its two-hundred day moving average is $23.22. The firm has a market cap of $50.63 billion, a price-to-earnings ratio of 24.44 and a beta of 1.03. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a dividend of $0.0668 per share. The ex-dividend date is Wednesday, March 26th.

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.