Assetmark Inc. Reduces Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Assetmark Inc. lessened its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 23.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 63,188 shares of the company’s stock after selling 19,330 shares during the quarter. Assetmark Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,927,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHV. Mather Group LLC. boosted its position in Schwab U.S. Large-Cap Value ETF by 3.0% in the 4th quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after buying an additional 1,023,339 shares during the period. Avantax Planning Partners Inc. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 0.3% during the first quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock worth $311,633,000 after acquiring an additional 29,579 shares during the period. Mariner LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 3.8% during the fourth quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock worth $269,542,000 after acquiring an additional 329,550 shares during the period. Vantagepoint Investment Advisers LLC raised its position in Schwab U.S. Large-Cap Value ETF by 0.8% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 8,516,803 shares of the company’s stock valued at $252,183,000 after purchasing an additional 66,800 shares in the last quarter. Finally, Valpey Financial Services LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after acquiring an additional 6,043,804 shares in the last quarter.

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

Shares of SCHV opened at $34.22 on Friday. The company has a 50 day moving average price of $34.00 and a 200-day moving average price of $32.33. The stock has a market capitalization of $15.77 billion, a PE ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $27.39 and a fifty-two week high of $35.05.

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.