Schwab U.S. Large-Cap Value ETF $SCHV Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lowered its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 4.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 814,992 shares of the company’s stock after selling 36,166 shares during the period. Merit Financial Group LLC owned about 0.17% of Schwab U.S. Large-Cap Value ETF worth $23,724,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SCHV. Abound Wealth Management raised its stake 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 worth $26,000 after buying an additional 864 shares in the last quarter. First Community Trust NA purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter valued at approximately $33,000. Keener Financial Planning LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the second quarter worth $34,000. Total Investment Management Inc. purchased a new position in Schwab U.S. Large-Cap Value ETF in the second quarter worth $41,000. Finally, Atticus Wealth Management LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the second quarter worth $54,000.

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

Schwab U.S. Large-Cap Value ETF stock opened at $29.84 on Wednesday. The company has a market cap of $14.12 billion, a P/E ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a one year low of $23.08 and a one year high of $29.99. The business has a fifty day moving average of $29.30 and a two-hundred day moving average of $28.70.

About Schwab U.S. Large-Cap Value ETF

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.