Lighthouse Wealth Management Inc. Raises Stock Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

Lighthouse Wealth Management Inc. boosted its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 16.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,111 shares of the company’s stock after purchasing an additional 26,253 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for about 4.4% of Lighthouse Wealth Management Inc.’s portfolio, making the stock its 8th biggest holding. Lighthouse Wealth Management Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $5,389,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sei Investments Co. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 6.0% in the second quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock worth $1,191,532,000 after acquiring an additional 2,420,337 shares during the period. Exchange Traded Concepts LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at $30,071,000. Midwest Trust Co bought a new stake in Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at $26,161,000. Merit Financial Group LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 129.1% during the second quarter. Merit Financial Group LLC now owns 851,158 shares of the company’s stock worth $23,552,000 after acquiring an additional 479,673 shares in the last quarter. Finally, rebel Financial LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth about $13,211,000.

Schwab U.S. Large-Cap Value ETF Stock Down 0.1%

Shares of NYSEARCA:SCHV opened at $29.84 on Wednesday. The business’s 50 day moving average is $29.30 and its 200 day moving average is $28.70. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $29.99. The stock has a market cap of $14.12 billion, a price-to-earnings 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. 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.