Busey Bank Makes New $4.13 Million Investment in Schwab US Large-Cap ETF $SCHX

Busey Bank purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 137,834 shares of the company’s stock, valued at approximately $4,135,000.

Several other hedge funds have also recently bought and sold shares of SCHX. Legacy Private Trust Co. purchased a new stake in shares of Schwab US Large-Cap ETF during the third quarter worth $10,825,000. HB Wealth Management LLC grew its stake in Schwab US Large-Cap ETF by 2.6% in the second quarter. HB Wealth Management LLC now owns 3,146,255 shares of the company’s stock valued at $92,594,000 after purchasing an additional 78,921 shares in the last quarter. Lido Advisors LLC grew its stake in Schwab US Large-Cap ETF by 5.7% in the first quarter. Lido Advisors LLC now owns 363,701 shares of the company’s stock valued at $9,327,000 after purchasing an additional 19,671 shares in the last quarter. Cornerstone Advisors Asset Management LLC grew its stake in Schwab US Large-Cap ETF by 23.4% in the second quarter. Cornerstone Advisors Asset Management LLC now owns 3,695,022 shares of the company’s stock valued at $108,744,000 after purchasing an additional 700,586 shares in the last quarter. Finally, Western Wealth Management LLC increased its position in Schwab US Large-Cap ETF by 102.6% in the 1st quarter. Western Wealth Management LLC now owns 249,040 shares of the company’s stock worth $6,385,000 after purchasing an additional 126,095 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $30.29 on Wednesday. Schwab US Large-Cap ETF has a fifty-two week low of $24.81 and a fifty-two week high of $30.79. The stock’s 50-day moving average is $30.24 and its two-hundred day moving average is $28.67. The firm has a market cap of $74.51 billion, a P/E ratio of 25.66 and a beta of 1.01.

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.