Commonwealth Equity Services LLC Cuts Stake in Schwab U.S. Large-Cap Value ETF $SCHV

Commonwealth Equity Services LLC reduced its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 3.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 554,908 shares of the company’s stock after selling 21,228 shares during the period. Commonwealth Equity Services LLC owned about 0.12% of Schwab U.S. Large-Cap Value ETF worth $16,153,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Sei Investments Co. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 6.0% during the 2nd quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock valued at $1,191,532,000 after purchasing an additional 2,420,337 shares during the last quarter. Mather Group LLC. boosted its position in Schwab U.S. Large-Cap Value ETF by 3.4% during the third quarter. Mather Group LLC. now owns 34,105,438 shares of the company’s stock valued at $992,809,000 after buying an additional 1,113,321 shares during the period. Exchange Traded Concepts LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF during the second quarter valued at about $30,071,000. Midwest Trust Co bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the second quarter valued at about $26,161,000. Finally, Merit Financial Group LLC increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 129.1% in the second quarter. Merit Financial Group LLC now owns 851,158 shares of the company’s stock worth $23,552,000 after buying an additional 479,673 shares during the period.

Schwab U.S. Large-Cap Value ETF Trading Up 0.8%

NYSEARCA SCHV opened at $30.62 on Friday. The firm has a market cap of $14.71 billion, a PE ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.08 and a 1-year high of $30.66. The stock has a 50-day moving average of $29.45 and a 200-day moving average of $28.85.

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. 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.