Bangor Savings Bank Grows Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Bangor Savings Bank increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 194.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,508,454 shares of the company’s stock after purchasing an additional 2,316,319 shares during the quarter. Schwab US Large-Cap ETF makes up 7.6% of Bangor Savings Bank’s portfolio, making the stock its 3rd largest holding. Bangor Savings Bank owned approximately 0.54% of Schwab US Large-Cap ETF worth $81,326,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHX. Walker Financial Services Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 1.2% in the 3rd quarter. Walker Financial Services Inc. now owns 13,918 shares of the company’s stock worth $944,000 after buying an additional 159 shares in the last quarter. Ignite Planners LLC increased its position in shares of Schwab US Large-Cap ETF by 0.3% during the 3rd quarter. Ignite Planners LLC now owns 56,377 shares of the company’s stock worth $3,825,000 after purchasing an additional 170 shares in the last quarter. Plancorp LLC lifted its holdings in Schwab US Large-Cap ETF by 0.5% during the 2nd quarter. Plancorp LLC now owns 38,145 shares of the company’s stock valued at $2,451,000 after purchasing an additional 180 shares during the last quarter. Capital Wealth Planning LLC lifted its holdings in Schwab US Large-Cap ETF by 4.9% during the 2nd quarter. Capital Wealth Planning LLC now owns 4,596 shares of the company’s stock valued at $295,000 after purchasing an additional 214 shares during the last quarter. Finally, Clear Investment Research LLC boosted its position in Schwab US Large-Cap ETF by 0.5% in the second quarter. Clear Investment Research LLC now owns 42,668 shares of the company’s stock valued at $2,741,000 after buying an additional 232 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 0.7 %

NYSEARCA SCHX opened at $23.61 on Tuesday. Schwab US Large-Cap ETF has a 1-year low of $18.51 and a 1-year high of $24.19. The company has a 50 day moving average of $23.54 and a 200-day moving average of $22.53. The firm has a market cap of $15.39 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02.

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.