True North Advisors LLC Trims Position in Schwab U.S. Large-Cap Value ETF $SCHV

True North Advisors LLC lowered its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 16.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,401 shares of the company’s stock after selling 11,037 shares during the quarter. True North Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,588,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Mather Group LLC. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.2% in the 1st quarter. Mather Group LLC. now owns 32,984,784 shares of the company’s stock valued at $876,736,000 after purchasing an additional 1,023,250 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.5% during the first quarter. Envestnet Asset Management Inc. now owns 16,489,014 shares of the company’s stock worth $438,278,000 after purchasing an additional 562,331 shares during the period. Avantax Planning Partners Inc. grew its position in Schwab U.S. Large-Cap Value ETF by 1.0% in the 1st quarter. Avantax Planning Partners Inc. now owns 10,027,280 shares of the company’s stock valued at $266,525,000 after buying an additional 99,438 shares during the last quarter. Gemmer Asset Management LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 2.9% in the 1st quarter. Gemmer Asset Management LLC now owns 4,308,320 shares of the company’s stock valued at $114,515,000 after buying an additional 119,809 shares during the period. Finally, LPL Financial LLC raised its position in Schwab U.S. Large-Cap Value ETF by 0.8% during the 1st quarter. LPL Financial LLC now owns 3,523,715 shares of the company’s stock worth $93,660,000 after buying an additional 28,552 shares during the last quarter.

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

SCHV stock opened at $28.78 on Friday. The stock has a market capitalization of $13.18 billion, a PE ratio of 19.08 and a beta of 0.94. The company has a fifty day moving average of $28.48 and a 200-day moving average of $27.19. Schwab U.S. Large-Cap Value ETF has a one year low of $23.08 and a one year high of $29.30.

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.