Independent Solutions Wealth Management LLC Grows Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Independent Solutions Wealth Management LLC lifted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 312,063 shares of the company’s stock after purchasing an additional 6,028 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises about 1.7% of Independent Solutions Wealth Management LLC’s holdings, making the stock its 16th largest holding. Independent Solutions Wealth Management LLC owned 0.07% of Schwab U.S. Large-Cap Value ETF worth $8,635,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC increased its stake in 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 acquiring an additional 28,552 shares during the last quarter. Ritholtz Wealth Management acquired a new stake in Schwab U.S. Large-Cap Value ETF during the first quarter worth $214,000. PNC Financial Services Group Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 68.6% in the first quarter. PNC Financial Services Group Inc. now owns 20,035 shares of the company’s stock valued at $533,000 after buying an additional 8,149 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 2,553.3% in the first quarter. GAMMA Investing LLC now owns 231,770 shares of the company’s stock valued at $6,160,000 after buying an additional 223,035 shares in the last quarter. Finally, Phil A. Younker & Associates Ltd. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 5.5% in the second quarter. Phil A. Younker & Associates Ltd. now owns 12,660 shares of the company’s stock valued at $350,000 after buying an additional 660 shares in the last quarter.

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

SCHV opened at $29.23 on Tuesday. The stock has a market capitalization of $13.75 billion, a price-to-earnings ratio of 19.08 and a beta of 0.94. The business has a fifty day moving average price of $28.61 and a 200 day moving average price of $27.33. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $29.40.

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.