Valeo Financial Advisors LLC Sells 28,474 Shares of Schwab US Large-Cap ETF $SCHX

Valeo Financial Advisors LLC decreased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 14.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 169,350 shares of the company’s stock after selling 28,474 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $4,557,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter valued at approximately $26,000. Optima Capital LLC bought a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at approximately $29,000. Ransom Advisory Ltd bought a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at approximately $40,000. First Command Advisory Services Inc. bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter valued at approximately $43,000. Finally, Manning & Napier Advisors LLC boosted its stake in Schwab US Large-Cap ETF by 31.4% during the 3rd quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock valued at $45,000 after purchasing an additional 405 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA:SCHX opened at $29.00 on Monday. The business has a 50 day moving average price of $26.87 and a 200 day moving average price of $26.93. Schwab US Large-Cap ETF has a twelve month low of $21.81 and a twelve month high of $29.02. The company has a market cap of $69.93 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF 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. 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.