Valley National Advisers Inc. purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 2,166,913 shares of the company’s stock, valued at approximately $65,007,000. Schwab US Large-Cap ETF accounts for approximately 7.2% of Valley National Advisers Inc.’s holdings, making the stock its largest position.
Several other institutional investors also recently modified their holdings of the business. SigFig Wealth Management LLC increased its holdings in Schwab US Large-Cap ETF by 226.8% in the 3rd quarter. SigFig Wealth Management LLC now owns 6,835,181 shares of the company’s stock worth $205,055,000 after buying an additional 4,743,566 shares in the last quarter. Financial Solutions Advisory Group Inc. purchased a new position in Schwab US Large-Cap ETF in the 1st quarter worth about $70,778,000. Scarborough Advisors LLC bought a new position in Schwab US Large-Cap ETF during the 1st quarter valued at about $60,491,000. Bangor Savings Bank bought a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $55,223,000. Finally, Courage Miller Partners LLC bought a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $51,160,000.
Schwab US Large-Cap ETF Stock Down 0.5%
Shares of NYSEARCA SCHX opened at $29.88 on Friday. The firm’s 50-day moving average price is $30.24 and its 200-day moving average price is $29.47. The company has a market cap of $73.50 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52-week low of $24.81 and a 52-week high of $30.79.
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.
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Want to see what other hedge funds are holding SCHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report).
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