Sovereign Financial Group Inc. Acquires 1,276 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Sovereign Financial Group Inc. increased its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,857 shares of the company’s stock after buying an additional 1,276 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $577,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Mather Group LLC. lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.2% during the first quarter. Mather Group LLC. now owns 32,984,784 shares of the company’s stock worth $876,736,000 after buying an additional 1,023,250 shares in 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 buying an additional 562,331 shares in the last quarter. Avantax Planning Partners Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.0% during the first quarter. Avantax Planning Partners Inc. now owns 10,027,280 shares of the company’s stock worth $266,525,000 after buying an additional 99,438 shares in the last quarter. Gemmer Asset Management LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% during the second quarter. Gemmer Asset Management LLC now owns 4,439,368 shares of the company’s stock worth $122,837,000 after buying an additional 131,048 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.8% during the first 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 in the last quarter.

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

Shares of NYSEARCA SCHV opened at $28.46 on Monday. Schwab U.S. Large-Cap Value ETF has a 52 week low of $23.08 and a 52 week high of $29.40. The stock has a market capitalization of $13.41 billion, a P/E ratio of 19.08 and a beta of 0.94. The stock’s fifty day moving average is $28.69 and its 200 day moving average is $27.39.

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.