Schwab US Large-Cap ETF $SCHX Shares Newly Acquired by Bangor Savings Bank

Bangor Savings Bank acquired a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,840,777 shares of the company’s stock, valued at approximately $55,223,000. Schwab US Large-Cap ETF accounts for approximately 4.2% of Bangor Savings Bank’s holdings, making the stock its 8th largest holding. Bangor Savings Bank owned about 0.07% of Schwab US Large-Cap ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Legacy Private Trust Co. bought a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter worth about $10,825,000. Tompkins Financial Corp acquired a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $104,000. Ferguson Wellman Capital Management Inc. lifted its holdings in Schwab US Large-Cap ETF by 28.5% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 56,689 shares of the company’s stock worth $1,701,000 after purchasing an additional 12,580 shares during the last quarter. Eastern Bank bought a new stake in Schwab US Large-Cap ETF in the 3rd quarter valued at $359,000. Finally, Collective Family Office LLC grew its holdings in Schwab US Large-Cap ETF by 15.6% in the 3rd quarter. Collective Family Office LLC now owns 10,896 shares of the company’s stock valued at $327,000 after buying an additional 1,471 shares in the last quarter.

Schwab US Large-Cap ETF Stock Up 0.5%

Shares of SCHX traded up $0.16 during midday trading on Tuesday, reaching $30.70. 7,538,761 shares of the stock were exchanged, compared to its average volume of 15,765,893. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.79. The company has a market cap of $75.57 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock’s 50 day simple moving average is $30.17 and its 200 day simple moving average is $29.03.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.