Valley National Advisers Inc. Acquires 59,570 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Valley National Advisers Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 854,513 shares of the company’s stock after buying an additional 59,570 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 4.2% of Valley National Advisers Inc.’s portfolio, making the stock its 3rd largest position. Valley National Advisers Inc. owned 0.05% of Schwab U.S. Large-Cap Growth ETF worth $27,266,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 653.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after buying an additional 28,455,790 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 14.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock worth $1,613,576,000 after acquiring an additional 6,979,991 shares during the period. RMG Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth $142,573,000. Sei Investments Co. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% in the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after purchasing an additional 4,524,057 shares in the last quarter. Finally, Mather Group LLC. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% during the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock valued at $1,235,203,000 after purchasing an additional 1,836,380 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.1%

Shares of NYSEARCA SCHG opened at $33.09 on Friday. The stock has a market cap of $53.77 billion, a P/E ratio of 34.24 and a beta of 1.15. The firm’s 50-day simple moving average is $32.64 and its 200 day simple moving average is $31.16. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74.

About Schwab U.S. Large-Cap Growth ETF

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.