Penobscot Wealth Management Takes $752,000 Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Penobscot Wealth Management purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 32,429 shares of the company’s stock, valued at approximately $752,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHX. McClarren Financial Advisors Inc. purchased a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter valued at $25,000. Versant Capital Management Inc boosted its position in shares of Schwab US Large-Cap ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after buying an additional 842 shares during the last quarter. IFS Advisors LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter valued at $30,000. Princeton Global Asset Management LLC boosted its position in shares of Schwab US Large-Cap ETF by 200.7% during the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after buying an additional 867 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter valued at $32,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $22.07 on Thursday. The stock has a market capitalization of $49.66 billion, a price-to-earnings ratio of 24.44 and a beta of 1.03. The stock’s 50-day simple moving average is $23.56 and its two-hundred day simple moving average is $23.18. Schwab US Large-Cap ETF has a 52-week low of $19.50 and a 52-week high of $24.31.

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.