Envestnet Asset Management Inc. lowered its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Free Report) by 1.9% during the second quarter, Holdings Channel reports. The institutional investor owned 16,167,900 shares of the company’s stock after selling 321,114 shares during the period. Envestnet Asset Management Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $447,366,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHV. Abound Wealth Management lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 993.1% during the 2nd quarter. Abound Wealth Management now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 864 shares during the period. N.E.W. Advisory Services LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the first quarter valued at $27,000. Dagco Inc. purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the first quarter valued at $28,000. First Community Trust NA acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth $33,000. Finally, Keener Financial Planning LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth about $34,000.
Schwab U.S. Large-Cap Value ETF Trading Up 0.4%
Shares of NYSEARCA SCHV opened at $29.33 on Monday. The stock has a market cap of $13.83 billion, a price-to-earnings ratio of 19.08 and a beta of 0.94. Schwab U.S. Large-Cap Value ETF has a 52 week low of $23.08 and a 52 week high of $29.42. The company’s 50-day moving average price is $28.89 and its 200 day moving average price is $27.66.
About Schwab U.S. Large-Cap Value ETF
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.
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Want to see what other hedge funds are holding SCHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Free Report).
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