HighTower Advisors LLC Increases Stock Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

HighTower Advisors LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,657,036 shares of the company’s stock after acquiring an additional 41,382 shares during the quarter. HighTower Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $78,675,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CENTRAL TRUST Co acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the third quarter worth $642,000. Cadence Wealth Management LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 9.4% in the third quarter. Cadence Wealth Management LLC now owns 208,213 shares of the company’s stock worth $6,061,000 after acquiring an additional 17,853 shares in the last quarter. Cypress Financial Planning LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth $3,254,000. Baring Financial LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth $6,868,000. Finally, Compound Planning Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 11.1% in the third quarter. Compound Planning Inc. now owns 2,090,688 shares of the company’s stock worth $60,860,000 after acquiring an additional 209,251 shares in the last quarter.

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

SCHV stock opened at $32.83 on Thursday. The company’s 50 day moving average price is $31.55 and its 200 day moving average price is $30.79. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $26.21 and a fifty-two week high of $33.08. The firm has a market capitalization of $15.37 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83.

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.