Bangor Savings Bank Has $81.33 Million Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Bangor Savings Bank boosted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 194.3% during the fourth quarter, Holdings Channel reports. The fund owned 3,508,454 shares of the company’s stock after acquiring an additional 2,316,319 shares during the period. Schwab US Large-Cap ETF makes up approximately 7.6% of Bangor Savings Bank’s holdings, making the stock its 3rd biggest holding. Bangor Savings Bank’s holdings in Schwab US Large-Cap ETF were worth $81,326,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SCHX. Beacon Wealthcare LLC boosted its position in Schwab US Large-Cap ETF by 200.0% in the 4th quarter. Beacon Wealthcare LLC now owns 8,889 shares of the company’s stock valued at $206,000 after buying an additional 5,926 shares during the last quarter. Modus Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 185.3% during the fourth quarter. Modus Advisors LLC now owns 15,922 shares of the company’s stock valued at $369,000 after acquiring an additional 10,342 shares during the period. GAMMA Investing LLC boosted its holdings in Schwab US Large-Cap ETF by 199.8% in the fourth quarter. GAMMA Investing LLC now owns 1,481 shares of the company’s stock valued at $34,000 after acquiring an additional 987 shares during the last quarter. Versant Capital Management Inc increased its position in Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after purchasing an additional 842 shares during the period. Finally, Global Wealth Strategies & Associates raised its holdings in Schwab US Large-Cap ETF by 200.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 10,449 shares of the company’s stock worth $242,000 after purchasing an additional 6,966 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.7 %

Shares of 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 firm’s 50-day moving average is $23.54 and its 200-day moving average is $22.53. The firm has a market capitalization of $15.39 billion, a PE 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.