Penobscot Wealth Management Makes New Investment in Schwab U.S. Large-Cap Value ETF $SCHV

Penobscot Wealth Management acquired a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,144 shares of the company’s stock, valued at approximately $225,000.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 0.8% during the first quarter. LPL Financial LLC now owns 3,523,715 shares of the company’s stock worth $93,660,000 after acquiring an additional 28,552 shares during the last quarter. Courage Miller Partners LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.1% in the second quarter. Courage Miller Partners LLC now owns 274,001 shares of the company’s stock valued at $7,582,000 after purchasing an additional 5,727 shares during the period. M3 Advisory Group LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.5% in the second quarter. M3 Advisory Group LLC now owns 92,987 shares of the company’s stock valued at $2,573,000 after purchasing an additional 1,377 shares during the period. Sovereign Financial Group Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 6.5% in the second quarter. Sovereign Financial Group Inc. now owns 20,857 shares of the company’s stock valued at $577,000 after purchasing an additional 1,276 shares during the period. Finally, QRG Capital Management Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter valued at approximately $232,000.

Schwab U.S. Large-Cap Value ETF Stock Up 0.4%

Shares of NYSEARCA:SCHV opened at $29.33 on Monday. The company has a market capitalization of $13.83 billion, a price-to-earnings ratio of 19.08 and a beta of 0.94. Schwab U.S. Large-Cap Value ETF has a 52 week low of $23.08 and a 52 week high of $29.42. The firm has a 50 day moving average of $28.89 and a 200 day moving average of $27.66.

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.