Schwab U.S. Large-Cap Value ETF $SCHV Shares Acquired by Summit Asset Management LLC

Summit Asset Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 4.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,112,371 shares of the company’s stock after purchasing an additional 44,930 shares during the period. Schwab U.S. Large-Cap Value ETF comprises approximately 5.0% of Summit Asset Management LLC’s investment portfolio, making the stock its 6th biggest position. Summit Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $32,381,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Collective Family Office LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 4.5% during the 3rd quarter. Collective Family Office LLC now owns 8,163 shares of the company’s stock valued at $238,000 after purchasing an additional 350 shares in the last quarter. Brighton Jones LLC increased its position in Schwab U.S. Large-Cap Value ETF by 1.5% during the third quarter. Brighton Jones LLC now owns 24,563 shares of the company’s stock worth $715,000 after buying an additional 369 shares during the last quarter. Cambridge Advisors Inc. raised its holdings in Schwab U.S. Large-Cap Value ETF by 3.2% during the third quarter. Cambridge Advisors Inc. now owns 12,203 shares of the company’s stock valued at $355,000 after buying an additional 378 shares in the last quarter. Modera Wealth Management LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 0.3% during the second quarter. Modera Wealth Management LLC now owns 120,742 shares of the company’s stock valued at $3,341,000 after buying an additional 404 shares in the last quarter. Finally, BCGM Wealth Management LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 0.9% in the second quarter. BCGM Wealth Management LLC now owns 45,908 shares of the company’s stock worth $1,270,000 after buying an additional 408 shares during the last quarter.

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

SCHV opened at $32.08 on Tuesday. The company has a market cap of $15.42 billion, a PE ratio of 19.08 and a beta of 0.90. The stock has a 50-day moving average of $30.35 and a 200-day moving average of $29.33. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $32.14.

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.