Gemmer Asset Management LLC Cuts Position in Schwab U.S. Large-Cap Value ETF $SCHV

Gemmer Asset Management LLC lowered its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,373,480 shares of the company’s stock after selling 59,067 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises 7.9% of Gemmer Asset Management LLC’s portfolio, making the stock its 2nd largest position. Gemmer Asset Management LLC owned approximately 0.73% of Schwab U.S. Large-Cap Value ETF worth $117,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of SCHV. NewEdge Advisors LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 1.1% during the 2nd quarter. NewEdge Advisors LLC now owns 152,382 shares of the company’s stock valued at $5,304,000 after acquiring an additional 1,657 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.2% during the 2nd quarter. Baird Financial Group Inc. now owns 151,747 shares of the company’s stock worth $5,282,000 after acquiring an additional 3,223 shares during the period. Range Advisory LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth approximately $219,000. Citadel Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 99.2% in the 2nd quarter. Citadel Advisors LLC now owns 281,513 shares of the company’s stock worth $9,799,000 after acquiring an additional 140,219 shares in the last quarter. Finally, Serenity Investment Advisors lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.9% in the 2nd quarter. Serenity Investment Advisors now owns 979,372 shares of the company’s stock valued at $34,082,000 after purchasing an additional 17,936 shares during the period.

Schwab U.S. Large-Cap Value ETF Stock Down 0.3%

NYSEARCA SCHV opened at $34.53 on Thursday. The firm has a market capitalization of $15.94 billion, a PE ratio of 19.08 and a beta of 0.83. The stock’s 50 day moving average is $34.54 and its 200 day moving average is $33.17. Schwab U.S. Large-Cap Value ETF has a twelve month low of $28.29 and a twelve month high of $35.49.

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.