Dravo Bay LLC Has $32.71 Million Holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Dravo Bay LLC lifted its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 208.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,254,574 shares of the company’s stock after buying an additional 848,403 shares during the period. Schwab U.S. Large-Cap Value ETF comprises 15.9% of Dravo Bay LLC’s holdings, making the stock its 2nd largest position. Dravo Bay LLC owned 0.87% of Schwab U.S. Large-Cap Value ETF worth $32,707,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SCHV. Mather Group LLC. raised its stake in Schwab U.S. Large-Cap Value ETF by 197.4% during the 4th quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock worth $833,237,000 after buying an additional 21,215,739 shares during the period. Gemmer Asset Management LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 206.9% during the 4th quarter. Gemmer Asset Management LLC now owns 4,188,511 shares of the company’s stock worth $109,194,000 after purchasing an additional 2,823,773 shares in the last quarter. Savant Capital LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 187.3% during the 4th quarter. Savant Capital LLC now owns 3,456,606 shares of the company’s stock worth $90,114,000 after purchasing an additional 2,253,597 shares in the last quarter. Rainey & Randall Wealth Advisors Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF by 212.4% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 2,877,420 shares of the company’s stock worth $75,014,000 after purchasing an additional 1,956,262 shares in the last quarter. Finally, Mokosak Advisory Group LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 201.5% during the 4th quarter. Mokosak Advisory Group LLC now owns 2,796,842 shares of the company’s stock worth $72,914,000 after purchasing an additional 1,869,197 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.8 %

SCHV stock opened at $27.31 on Tuesday. The stock has a 50-day moving average price of $26.85 and a two-hundred day moving average price of $26.81. The stock has a market cap of $12.24 billion, a PE ratio of 19.93 and a beta of 0.96. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.84 and a 1 year high of $28.19.

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.