Schwab U.S. Large-Cap Value ETF $SCHV Stake Decreased by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC cut its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 25.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,463 shares of the company’s stock after selling 36,178 shares during the period. Schwab U.S. Large-Cap Value ETF makes up about 1.4% of IVC Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest holding. IVC Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $3,128,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Abound Wealth Management raised its stake in Schwab U.S. Large-Cap Value ETF by 993.1% during the 2nd quarter. Abound Wealth Management now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 864 shares in the last quarter. First Community Trust NA bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the second quarter worth $33,000. Keener Financial Planning LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the second quarter valued at $34,000. Total Investment Management Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the second quarter valued at $41,000. Finally, Atticus Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the second quarter valued at about $54,000.

Schwab U.S. Large-Cap Value ETF Stock Up 0.4%

SCHV stock opened at $29.58 on Friday. The company has a 50-day simple moving average of $29.17 and a 200 day simple moving average of $28.55. The company has a market capitalization of $14.00 billion, a P/E ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $23.08 and a fifty-two week high of $29.90.

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. 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.