HB Wealth Management LLC Acquires 47,605 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

HB Wealth Management LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 107.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,852 shares of the company’s stock after purchasing an additional 47,605 shares during the quarter. HB Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,395,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SCHV. Copley Financial Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at about $57,000. Denver PWM LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 1.6% in the third quarter. Denver PWM LLC now owns 230,667 shares of the company’s stock worth $18,539,000 after purchasing an additional 3,607 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in Schwab U.S. Large-Cap Value ETF by 38.4% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 4,310 shares of the company’s stock worth $346,000 after purchasing an additional 1,195 shares in the last quarter. Sculati Wealth Management LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 106.6% in the third quarter. Sculati Wealth Management LLC now owns 62,397 shares of the company’s stock worth $4,741,000 after purchasing an additional 32,192 shares in the last quarter. Finally, Destination Wealth Management bought a new position in Schwab U.S. Large-Cap Value ETF in the third quarter worth about $278,000.

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

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $26.88 on Monday. The company has a market capitalization of $3.88 billion, a PE ratio of 17.88 and a beta of 0.77. The company has a 50-day simple moving average of $26.86 and a two-hundred day simple moving average of $26.37. Schwab U.S. Large-Cap Value ETF has a one year low of $22.84 and a one year high of $28.19.

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.