NewEdge Wealth LLC Grows Position in Schwab U.S. Large-Cap Value ETF $SCHV

NewEdge Wealth LLC boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 27.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 120,466 shares of the company’s stock after buying an additional 25,970 shares during the quarter. NewEdge Wealth LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $3,567,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPL Wealth Management LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at $27,000. REAP Financial Group LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $48,000. United Financial Planning Group LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $61,000. Finally, Fifth Third Bancorp raised its position in Schwab U.S. Large-Cap Value ETF by 508.5% in the 4th quarter. Fifth Third Bancorp now owns 2,209 shares of the company’s stock valued at $65,000 after buying an additional 1,846 shares during the last quarter.

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

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $32.87 on Tuesday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $26.21 and a 1 year high of $32.90. The firm has a market cap of $15.38 billion, a PE ratio of 19.08 and a beta of 0.83. The stock has a fifty day moving average price of $31.40 and a 200-day moving average price of $30.61.

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.