Schwab U.S. Large-Cap Value ETF $SCHV is Spectrum Asset Management Inc. NB CA’s 3rd Largest Position

Spectrum Asset Management Inc. NB CA decreased its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 33.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 393,646 shares of the company’s stock after selling 200,794 shares during the period. Schwab U.S. Large-Cap Value ETF makes up about 4.7% of Spectrum Asset Management Inc. NB CA’s investment portfolio, making the stock its 3rd biggest position. Spectrum Asset Management Inc. NB CA’s holdings in Schwab U.S. Large-Cap Value ETF were worth $10,892,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SCHV. Mather Group LLC. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.2% during the first quarter. Mather Group LLC. now owns 32,984,784 shares of the company’s stock valued at $876,736,000 after acquiring an additional 1,023,250 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Schwab U.S. Large-Cap Value ETF by 3.5% in the first quarter. Envestnet Asset Management Inc. now owns 16,489,014 shares of the company’s stock valued at $438,278,000 after purchasing an additional 562,331 shares during the last quarter. Avantax Planning Partners Inc. grew its stake in Schwab U.S. Large-Cap Value ETF by 1.0% during the 1st quarter. Avantax Planning Partners Inc. now owns 10,027,280 shares of the company’s stock valued at $266,525,000 after purchasing an additional 99,438 shares in the last quarter. Gemmer Asset Management LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 3.0% during the 2nd quarter. Gemmer Asset Management LLC now owns 4,439,368 shares of the company’s stock worth $122,837,000 after purchasing an additional 131,048 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 0.8% in the 1st quarter. LPL Financial LLC now owns 3,523,715 shares of the company’s stock valued at $93,660,000 after purchasing an additional 28,552 shares in the last quarter.

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

Schwab U.S. Large-Cap Value ETF stock opened at $29.14 on Wednesday. Schwab U.S. Large-Cap Value ETF has a 52 week low of $23.08 and a 52 week high of $29.40. The stock has a market cap of $13.71 billion, a P/E ratio of 19.08 and a beta of 0.94. The stock has a 50 day moving average of $28.63 and a 200-day moving average of $27.35.

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.