Meridian Wealth Management LLC Trims Position in Schwab U.S. Large-Cap Value ETF $SCHV

Meridian Wealth Management LLC cut its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 163,980 shares of the company’s stock after selling 4,864 shares during the period. Meridian Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $4,537,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Foundations Investment Advisors LLC lifted its position in Schwab U.S. Large-Cap Value ETF by 21.4% during the second quarter. Foundations Investment Advisors LLC now owns 18,327 shares of the company’s stock worth $507,000 after buying an additional 3,234 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 20,615 shares of the company’s stock worth $570,000 after acquiring an additional 580 shares during the period. Apex Wealth Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter worth approximately $4,079,000. Brickley Wealth Management grew its holdings in Schwab U.S. Large-Cap Value ETF by 10.6% in the second quarter. Brickley Wealth Management now owns 14,112 shares of the company’s stock valued at $390,000 after purchasing an additional 1,353 shares during the period. Finally, Westbourne Investment Advisors Inc. increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.0% during the 2nd quarter. Westbourne Investment Advisors Inc. now owns 148,383 shares of the company’s stock worth $4,106,000 after buying an additional 2,916 shares during the last quarter.

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

Schwab U.S. Large-Cap Value ETF stock opened at $28.99 on Friday. The firm has a fifty day moving average of $29.01 and a 200-day moving average of $28.06. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $29.48. The firm has a market capitalization of $13.72 billion, a P/E ratio of 19.08 and a beta of 0.90.

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.