Independent Wealth Network Inc. Purchases Shares of 13,517 Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Independent Wealth Network Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the 4th quarter, Holdings Channel reports. The fund purchased 13,517 shares of the company’s stock, valued at approximately $352,000.

Several other hedge funds have also added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 188.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 59,540 shares of the company’s stock valued at $1,552,000 after purchasing an additional 38,905 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 201.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 36,180 shares of the company’s stock valued at $943,000 after purchasing an additional 24,188 shares during the last quarter. GoalVest Advisory LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. GoalVest Advisory LLC now owns 6,873 shares of the company’s stock valued at $179,000 after purchasing an additional 4,582 shares during the last quarter. Kelleher Financial Advisors lifted its holdings in Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Kelleher Financial Advisors now owns 29,220 shares of the company’s stock valued at $762,000 after purchasing an additional 19,480 shares during the last quarter. Finally, Missouri Trust & Investment Co lifted its holdings in Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Missouri Trust & Investment Co now owns 5,070 shares of the company’s stock valued at $132,000 after purchasing an additional 3,380 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Performance

SCHV opened at $27.07 on Thursday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $23.25 and a fifty-two week high of $28.19. The company has a market capitalization of $3.91 billion, a P/E ratio of 17.88 and a beta of 0.77. The stock has a fifty day moving average of $26.85 and a 200-day moving average of $26.40.

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.