Cornerstone Advisors Asset Management LLC Has $2.73 Million Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Cornerstone Advisors Asset Management LLC boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 101.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,410 shares of the company’s stock after purchasing an additional 39,468 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,729,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 282.6% during the 4th quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock worth $742,000 after acquiring an additional 21,031 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 200.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock worth $544,000 after purchasing an additional 13,925 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 179.6% in the 1st quarter. AQR Capital Management LLC now owns 35,409 shares of the company’s stock valued at $941,000 after purchasing an additional 22,744 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 27.4% in the 2nd quarter. Brown Advisory Inc. now owns 12,952 shares of the company’s stock valued at $358,000 after purchasing an additional 2,787 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 2,712.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 12,542 shares of the company’s stock valued at $347,000 after purchasing an additional 12,096 shares in the last quarter.

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

Shares of NYSEARCA:SCHV opened at $34.82 on Friday. The firm has a market cap of $16.08 billion, a PE ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52 week low of $28.29 and a 52 week high of $35.49. The firm’s fifty day moving average is $34.54 and its 200-day moving average is $33.11.

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.