Bangor Savings Bank Has $66.55 Million Stake in Schwab US Large-Cap ETF $SCHX

Bangor Savings Bank trimmed its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,472,943 shares of the company’s stock after selling 64,654 shares during the quarter. Schwab US Large-Cap ETF accounts for about 5.4% of Bangor Savings Bank’s portfolio, making the stock its 4th largest position. Bangor Savings Bank owned 0.10% of Schwab US Large-Cap ETF worth $66,547,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Oldfather Financial Services LLC increased its holdings in Schwab US Large-Cap ETF by 2.8% in the fourth quarter. Oldfather Financial Services LLC now owns 72,170 shares of the company’s stock valued at $1,942,000 after purchasing an additional 1,965 shares during the period. Weatherly Asset Management L. P. bought a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter valued at about $286,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of Schwab US Large-Cap ETF by 5.1% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,130,533 shares of the company’s stock valued at $30,423,000 after buying an additional 55,088 shares during the period. Victory Financial Group LLC increased its stake in shares of Schwab US Large-Cap ETF by 2.2% in the fourth quarter. Victory Financial Group LLC now owns 40,092 shares of the company’s stock valued at $1,079,000 after buying an additional 855 shares during the period. Finally, Lodestone Wealth Management LLC bought a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth about $50,000.

Schwab US Large-Cap ETF Price Performance

Schwab US Large-Cap ETF stock opened at $25.84 on Thursday. The stock’s 50 day moving average is $26.70 and its 200 day moving average is $26.72. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $27.54. The firm has a market cap of $61.08 billion, a P/E ratio of 25.66 and a beta of 1.01.

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. 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.