Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Shares Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,361 shares of the company’s stock after purchasing an additional 6,886 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for about 3.1% of Valley National Advisers Inc.’s holdings, making the stock its 6th biggest position. Valley National Advisers Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $20,524,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thompson Investment Management Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 32.2% in the 1st quarter. Thompson Investment Management Inc. now owns 517 shares of the company’s stock worth $48,000 after acquiring an additional 126 shares during the period. Lederer & Associates Investment Counsel CA grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.7% in the fourth quarter. Lederer & Associates Investment Counsel CA now owns 7,840 shares of the company’s stock valued at $650,000 after purchasing an additional 129 shares during the period. Annex Advisory Services LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 3.7% in the first quarter. Annex Advisory Services LLC now owns 3,745 shares of the company’s stock valued at $347,000 after purchasing an additional 133 shares during the last quarter. BKA Wealth Consulting Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 2.8% in the fourth quarter. BKA Wealth Consulting Inc. now owns 4,978 shares of the company’s stock valued at $413,000 after purchasing an additional 135 shares during the last quarter. Finally, SignalPoint Asset Management LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 1.5% during the fourth quarter. SignalPoint Asset Management LLC now owns 9,418 shares of the company’s stock worth $781,000 after buying an additional 142 shares during the period.

Schwab U.S. Large-Cap Growth ETF Price Performance

NYSEARCA:SCHG traded up $0.76 during mid-day trading on Wednesday, reaching $103.28. The company’s stock had a trading volume of 744,132 shares, compared to its average volume of 1,398,873. The stock has a market cap of $30.21 billion, a P/E ratio of 39.82 and a beta of 1.25. The company’s fifty day simple moving average is $96.27 and its two-hundred day simple moving average is $91.07. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $69.78 and a twelve month high of $103.33.

Schwab U.S. Large-Cap Growth ETF Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.