Ballast Inc. Buys New Stake in Schwab U.S. Large-Cap Value ETF $SCHV

Ballast Inc. bought a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,950 shares of the company’s stock, valued at approximately $441,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHV. Brighton Jones LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 282.6% in the fourth quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock valued at $742,000 after acquiring an additional 21,031 shares during the period. Revolve Wealth Partners LLC grew its stake in Schwab U.S. Large-Cap Value ETF by 200.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock worth $544,000 after buying an additional 13,925 shares during the last quarter. Ritholtz Wealth Management bought a new stake in Schwab U.S. Large-Cap Value ETF during the first quarter worth about $214,000. Carret Asset Management LLC grew its stake in Schwab U.S. Large-Cap Value ETF by 3.0% during the first quarter. Carret Asset Management LLC now owns 22,518 shares of the company’s stock worth $599,000 after buying an additional 650 shares during the last quarter. Finally, Petra Financial Advisors Inc. grew its stake in Schwab U.S. Large-Cap Value ETF by 3.8% during the first quarter. Petra Financial Advisors Inc. now owns 205,502 shares of the company’s stock worth $5,462,000 after buying an additional 7,449 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 0.5%

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $28.96 on Friday. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 19.08 and a beta of 0.94. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.08 and a 1-year high of $29.40. The firm’s 50-day moving average price is $28.80 and its two-hundred day moving average price is $27.47.

Schwab U.S. Large-Cap Value ETF Profile

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