Savvy Advisors Inc. Grows Stake in Schwab U.S. Large-Cap Value ETF $SCHV

Savvy Advisors Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 244,641 shares of the company’s stock after purchasing an additional 35,864 shares during the quarter. Savvy Advisors Inc. owned 0.05% of Schwab U.S. Large-Cap Value ETF worth $7,244,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Vantagepoint Investment Advisers LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $245,980,000. Sei Investments Co. boosted its holdings in Schwab U.S. Large-Cap Value ETF by 6.0% in the 2nd quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock worth $1,191,532,000 after acquiring an additional 2,420,337 shares during the period. Wellington Management Group LLP acquired a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $68,742,000. Mather Group LLC. raised its stake in shares of 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 purchasing an additional 1,113,321 shares during the period. Finally, Exchange Traded Concepts LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 68.1% during the third quarter. Exchange Traded Concepts LLC now owns 1,827,049 shares of the company’s stock valued at $53,185,000 after purchasing an additional 740,288 shares during the period.

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

Shares of SCHV stock opened at $30.68 on Friday. The firm has a fifty day simple moving average of $31.31 and a 200-day simple moving average of $30.11. The company has a market capitalization of $14.91 billion, a PE ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.08 and a twelve month high of $32.45.

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.