33,765 Schwab U.S. Large-Cap Value ETF $SCHV Shares Sold by Martel Wealth Advisors LLC

Martel Wealth Advisors LLC reduced its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 7.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 434,231 shares of the company’s stock after selling 33,765 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 2.3% of Martel Wealth Advisors LLC’s holdings, making the stock its 8th biggest holding. Martel Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $14,464,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Horizons Wealth Management bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $28,000. Ascentis Independent Advisors acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $32,000. NI Acquisitions Company LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at about $34,000. Strategic Wealth Advisors LLC increased its position in Schwab U.S. Large-Cap Value ETF by 95.6% in the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after buying an additional 746 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new stake in Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $58,000.

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

SCHV stock opened at $33.92 on Thursday. The stock’s 50 day simple moving average is $34.36 and its 200 day simple moving average is $33.62. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $28.29 and a fifty-two week high of $35.49. The company has a market cap of $15.38 billion, a P/E 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.