Penobscot Wealth Management Grows Position in Schwab US Large-Cap ETF $SCHX

Penobscot Wealth Management lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 443.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,233 shares of the company’s stock after buying an additional 103,012 shares during the period. Schwab US Large-Cap ETF makes up 1.1% of Penobscot Wealth Management’s portfolio, making the stock its 18th biggest position. Penobscot Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $3,085,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. US Bancorp DE lifted its holdings in Schwab US Large-Cap ETF by 5.2% in the first quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after acquiring an additional 10,782,297 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab US Large-Cap ETF by 17.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock valued at $540,497,000 after acquiring an additional 3,701,133 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Schwab US Large-Cap ETF by 17.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock valued at $484,662,000 after acquiring an additional 2,942,434 shares during the period. Cerity Partners LLC lifted its holdings in Schwab US Large-Cap ETF by 1.2% in the first quarter. Cerity Partners LLC now owns 18,682,304 shares of the company’s stock valued at $412,505,000 after acquiring an additional 221,544 shares during the period. Finally, Diversified Enterprises LLC lifted its holdings in Schwab US Large-Cap ETF by 5.7% in the second quarter. Diversified Enterprises LLC now owns 16,260,904 shares of the company’s stock valued at $397,416,000 after acquiring an additional 873,214 shares during the period.

Schwab US Large-Cap ETF Stock Performance

SCHX stock opened at $26.81 on Monday. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $26.86. The business’s 50-day moving average is $26.05 and its two-hundred day moving average is $24.44. The company has a market cap of $62.20 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Company 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.