Schwab U.S. Large-Cap Value ETF $SCHV is Meriwether Wealth & Planning LLC’s 2nd Largest Position

Meriwether Wealth & Planning LLC boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 763,768 shares of the company’s stock after purchasing an additional 28,226 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises approximately 12.8% of Meriwether Wealth & Planning LLC’s portfolio, making the stock its 2nd biggest holding. Meriwether Wealth & Planning LLC owned approximately 0.16% of Schwab U.S. Large-Cap Value ETF worth $22,615,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SCHV. JPL Wealth Management LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $26,000. Total Investment Management Inc. bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at about $41,000. REAP Financial Group LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at about $48,000. United Financial Planning Group LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at about $61,000. Finally, Caldwell Trust Co bought a new stake in Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth approximately $62,000.

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

Shares of SCHV opened at $30.03 on Monday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.08 and a 1 year high of $32.45. The stock has a 50 day simple moving average of $31.35 and a two-hundred day simple moving average of $30.06. The firm has a market cap of $14.43 billion, a P/E ratio of 19.08 and a beta of 0.90.

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.