Valley National Advisers Inc. Sells 3,552 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Valley National Advisers Inc. cut its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 0.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 767,889 shares of the company’s stock after selling 3,552 shares during the quarter. Schwab US Large-Cap ETF makes up about 7.2% of Valley National Advisers Inc.’s portfolio, making the stock its largest holding. Valley National Advisers Inc.’s holdings in Schwab US Large-Cap ETF were worth $47,654,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SCHX. Facet Wealth Inc. boosted its holdings in shares of Schwab US Large-Cap ETF by 4.3% during the 4th quarter. Facet Wealth Inc. now owns 16,004 shares of the company’s stock worth $937,000 after buying an additional 662 shares in the last quarter. Somerset Group LLC grew its holdings in Schwab US Large-Cap ETF by 4.4% in the fourth quarter. Somerset Group LLC now owns 44,216 shares of the company’s stock worth $2,494,000 after purchasing an additional 1,846 shares during the period. Fusion Capital LLC increased its stake in Schwab US Large-Cap ETF by 4.8% in the fourth quarter. Fusion Capital LLC now owns 6,205 shares of the company’s stock valued at $350,000 after purchasing an additional 285 shares in the last quarter. Tradewinds Capital Management LLC increased its stake in Schwab US Large-Cap ETF by 11,142.9% in the fourth quarter. Tradewinds Capital Management LLC now owns 530,778 shares of the company’s stock valued at $29,936,000 after purchasing an additional 526,057 shares in the last quarter. Finally, Gordian Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at about $26,081,000.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX traded up $0.28 during trading hours on Wednesday, hitting $65.13. The stock had a trading volume of 663,238 shares, compared to its average volume of 1,722,410. Schwab US Large-Cap ETF has a 1-year low of $48.31 and a 1-year high of $65.16. The firm has a market capitalization of $42.46 billion, a P/E ratio of 26.53 and a beta of 1.02. The firm has a 50 day simple moving average of $62.65 and a 200-day simple moving average of $60.29.

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.