HBK Sorce Advisory LLC Cuts Position in Schwab U.S. Large-Cap Value ETF $SCHV

HBK Sorce Advisory LLC decreased its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 7.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 290,141 shares of the company’s stock after selling 23,599 shares during the period. HBK Sorce Advisory LLC owned approximately 0.06% of Schwab U.S. Large-Cap Value ETF worth $8,446,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SCHV. Abound Wealth Management increased its position in shares of Schwab U.S. Large-Cap Value ETF by 993.1% during the 2nd quarter. Abound Wealth Management now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 864 shares during the last quarter. First Community Trust NA purchased a new stake in Schwab U.S. Large-Cap Value ETF in the second quarter worth approximately $33,000. Keener Financial Planning LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the second quarter worth approximately $34,000. Total Investment Management Inc. bought a new position in Schwab U.S. Large-Cap Value ETF during the second quarter valued at approximately $41,000. Finally, Atticus Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the second quarter worth approximately $54,000.

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

Shares of SCHV opened at $29.94 on Monday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $23.08 and a fifty-two week high of $29.99. The firm has a market cap of $14.17 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The firm has a 50 day moving average price of $29.27 and a 200-day moving average price of $28.67.

Schwab U.S. Large-Cap Value ETF Company 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.