Schneider Downs Wealth Management Advisors LP Raises Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

Schneider Downs Wealth Management Advisors LP raised its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 54.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 295,971 shares of the company’s stock after acquiring an additional 104,747 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for approximately 1.2% of Schneider Downs Wealth Management Advisors LP’s investment portfolio, making the stock its 21st biggest position. Schneider Downs Wealth Management Advisors LP’s holdings in Schwab U.S. Large-Cap Value ETF were worth $8,190,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHV. Abound Wealth Management boosted its stake in 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 valued at $26,000 after purchasing an additional 864 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter worth $27,000. Dagco Inc. purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter worth $28,000. Kessler Investment Group LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter worth $29,000. Finally, First Community Trust NA purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth $33,000.

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

SCHV stock opened at $29.33 on Friday. The company has a market cap of $13.83 billion, a P/E ratio of 19.08 and a beta of 0.94. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.08 and a 1 year high of $29.42. The stock’s fifty day moving average price is $28.89 and its 200-day moving average price is $27.65.

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.