Carret Asset Management LLC Purchases 808 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Carret Asset Management LLC recently increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.9% during the 1st quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The firm now owns 17,319 shares of the company’s stock, valued at $1,075,000 after acquiring an additional 808 shares.

Other institutional investors have also been active in trading SCHX shares. Pineridge Advisors LLC, GAMMA Investing LLC, Able Wealth Management LLC, Cordant Inc., and Northwest Financial Advisors have all made moves in the stock in recent months.

Schwab US Large-Cap ETF’s stock performance has been solid, with shares opening at $65.13 on Thursday. The company has a market cap of $42.46 billion, a P/E ratio of 26.53, and a beta of 1.02.

The Fund’s goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index. This index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index, providing investors with exposure to the top 750 components by full market capitalization.

Overall, Schwab US Large-Cap ETF continues to attract institutional interest and maintain strong stock performance. DailyBubble sees potential for further growth in the coming months.