IAG Wealth Partners LLC Trims Stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

IAG Wealth Partners LLC reduced its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 6.0% in the first quarter, Holdings Channel reports. The institutional investor owned 9,000 shares of the company’s stock after selling 570 shares during the period. IAG Wealth Partners LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $239,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHV. Capital & Planning LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 203.7% during the fourth quarter. Capital & Planning LLC now owns 331,742 shares of the company’s stock valued at $8,649,000 after buying an additional 222,509 shares during the last quarter. Ironwood Wealth Management LLC. increased its holdings in Schwab U.S. Large-Cap Value ETF by 201.9% during the fourth quarter. Ironwood Wealth Management LLC. now owns 29,232 shares of the company’s stock valued at $762,000 after buying an additional 19,550 shares during the last quarter. Brighton Jones LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 282.6% during the fourth quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock valued at $742,000 after buying an additional 21,031 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 200.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock valued at $544,000 after buying an additional 13,925 shares during the last quarter. Finally, Choreo LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 168.2% during the fourth quarter. Choreo LLC now owns 11,730 shares of the company’s stock valued at $305,000 after buying an additional 7,357 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.8%

Shares of SCHV stock opened at $27.09 on Friday. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $28.19. The stock has a market cap of $12.26 billion, a P/E ratio of 19.08 and a beta of 0.89. The company has a 50 day simple moving average of $26.12 and a two-hundred day simple moving average of $26.52.

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.