Eastern Bank Raises Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Eastern Bank boosted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% in the 4th quarter, Holdings Channel reports. The fund owned 13,590 shares of the company’s stock after acquiring an additional 9,060 shares during the quarter. Eastern Bank’s holdings in Schwab US Large-Cap ETF were worth $315,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. US Bancorp DE raised its position in Schwab US Large-Cap ETF by 43.8% in the 3rd quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after buying an additional 6,275,290 shares during the last quarter. Campbell Wealth Management acquired a new position in shares of Schwab US Large-Cap ETF during the 3rd quarter worth about $346,668,000. Bangor Savings Bank grew its position in Schwab US Large-Cap ETF by 194.3% during the 4th quarter. Bangor Savings Bank now owns 3,508,454 shares of the company’s stock worth $81,326,000 after purchasing an additional 2,316,319 shares during the last quarter. American Trust lifted its holdings in shares of Schwab US Large-Cap ETF by 897.7% during the second quarter. American Trust now owns 1,267,196 shares of the company’s stock worth $81,417,000 after purchasing an additional 1,140,178 shares during the period. Finally, Matrix Trust Co lifted its holdings in Schwab US Large-Cap ETF by 197.6% in the fourth quarter. Matrix Trust Co now owns 1,434,827 shares of the company’s stock worth $33,259,000 after acquiring an additional 952,622 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX opened at $23.10 on Wednesday. Schwab US Large-Cap ETF has a one year low of $18.56 and a one year high of $24.19. The stock’s 50-day moving average is $23.60 and its 200-day moving average is $22.61. The firm has a market cap of $15.06 billion, a P/E 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.