Martel Wealth Advisors Inc Purchases 349,472 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Martel Wealth Advisors Inc increased its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 200.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 524,112 shares of the company’s stock after purchasing an additional 349,472 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 2.7% of Martel Wealth Advisors Inc’s portfolio, making the stock its 9th largest position. Martel Wealth Advisors Inc’s holdings in Schwab U.S. Large-Cap Value ETF were worth $13,664,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SCHV. Gemmer Asset Management LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 206.9% during the 4th quarter. Gemmer Asset Management LLC now owns 4,188,511 shares of the company’s stock worth $109,194,000 after purchasing an additional 2,823,773 shares in the last quarter. Financial Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 197.8% in the fourth quarter. Financial Advisors LLC now owns 2,724,819 shares of the company’s stock valued at $71,036,000 after purchasing an additional 1,809,770 shares during the period. Brady Martz Wealth Solutions LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter worth about $42,697,000. Krilogy Financial LLC grew its position in Schwab U.S. Large-Cap Value ETF by 150.7% during the fourth quarter. Krilogy Financial LLC now owns 2,205,034 shares of the company’s stock worth $57,485,000 after buying an additional 1,325,485 shares during the period. Finally, Cooper Financial Group grew its position in Schwab U.S. Large-Cap Value ETF by 219.9% during the fourth quarter. Cooper Financial Group now owns 1,430,875 shares of the company’s stock worth $37,303,000 after buying an additional 983,551 shares during the period.

Schwab U.S. Large-Cap Value ETF Trading Up 0.7 %

SCHV stock opened at $26.88 on Tuesday. The firm has a 50 day moving average of $26.85 and a 200-day moving average of $26.38. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 12-month low of $22.84 and a 12-month high of $28.19.

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.