Cornerstone Advisors Asset Management LLC Buys 39,468 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Cornerstone Advisors Asset Management LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 101.4% in the second quarter, Holdings Channel reports. The fund owned 78,410 shares of the company’s stock after acquiring an additional 39,468 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,729,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Valpey Financial Services LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 2,913.4% during the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after purchasing an additional 6,043,804 shares during the last quarter. World Investment Advisors increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 628.0% in the fourth quarter. World Investment Advisors now owns 980,974 shares of the company’s stock worth $28,503,000 after purchasing an additional 846,224 shares in the last quarter. Argos Wealth Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $884,000. RFG Advisory LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 207.2% in the fourth quarter. RFG Advisory LLC now owns 53,509 shares of the company’s stock valued at $1,584,000 after purchasing an additional 36,092 shares during the period. Finally, Summit Wealth Group LLC Co. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at approximately $599,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.2%

Schwab U.S. Large-Cap Value ETF stock opened at $34.82 on Friday. The firm has a 50 day simple moving average of $34.54 and a 200 day simple moving average of $33.11. Schwab U.S. Large-Cap Value ETF has a 1-year low of $28.29 and a 1-year high of $35.49. The firm has a market capitalization of $16.08 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83.

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