Brown Wealth Management LLC boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Free Report) by 62.0% during the 2nd quarter, Holdings Channel reports. The firm owned 151,567 shares of the company’s stock after buying an additional 58,030 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up about 1.3% of Brown Wealth Management LLC’s holdings, making the stock its 21st biggest position. Brown Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $4,194,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Exchange Traded Concepts LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the second quarter valued at about $30,071,000. Midwest Trust Co purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter worth about $26,161,000. Geneos Wealth Management Inc. boosted its stake in Schwab U.S. Large-Cap Value ETF by 423.8% during the first quarter. Geneos Wealth Management Inc. now owns 671,238 shares of the company’s stock valued at $17,842,000 after buying an additional 543,091 shares during the last quarter. Seek First Inc. purchased a new position in Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at approximately $12,863,000. Finally, Merit Financial Group LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 129.1% during the 2nd quarter. Merit Financial Group LLC now owns 851,158 shares of the company’s stock valued at $23,552,000 after buying an additional 479,673 shares in the last quarter.
Schwab U.S. Large-Cap Value ETF Price Performance
NYSEARCA:SCHV opened at $28.66 on Wednesday. The company has a market cap of $13.56 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.08 and a 1 year high of $29.48. The stock’s 50 day simple moving average is $29.01 and its two-hundred day simple moving average is $28.13.
Schwab U.S. Large-Cap Value ETF Company 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.
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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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