Summit Asset Management LLC Has $34.81 Million Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Summit Asset Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,175,473 shares of the company’s stock after buying an additional 63,102 shares during the period. Schwab U.S. Large-Cap Value ETF makes up about 4.9% of Summit Asset Management LLC’s holdings, making the stock its 6th largest holding. Summit Asset Management LLC owned 0.24% of Schwab U.S. Large-Cap Value ETF worth $34,806,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. North Star Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Value ETF by 5.7% during the fourth quarter. North Star Asset Management Inc. now owns 125,136 shares of the company’s stock valued at $3,705,000 after buying an additional 6,759 shares during the period. Twin Cities Retirement Group LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at $2,014,000. Pathfinder Wealth Consulting Inc. bought a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at $266,000. Geometric Wealth Advisors boosted its stake in Schwab U.S. Large-Cap Value ETF by 3.2% during the fourth quarter. Geometric Wealth Advisors now owns 14,828 shares of the company’s stock valued at $439,000 after buying an additional 458 shares during the period. Finally, Cadence Wealth Management LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 6.2% during the fourth quarter. Cadence Wealth Management LLC now owns 221,059 shares of the company’s stock valued at $6,546,000 after buying an additional 12,846 shares during the period.

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

NYSEARCA:SCHV opened at $33.31 on Friday. The firm has a market capitalization of $15.59 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52-week low of $26.21 and a 52-week high of $33.41. The stock has a fifty day moving average of $31.64 and a 200 day moving average of $30.83.

Schwab U.S. Large-Cap Value ETF Company 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.