Glassman Wealth Services Cuts Position in Schwab U.S. Large-Cap Value ETF $SCHV

Glassman Wealth Services decreased its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.2% during the 2nd quarter, Holdings Channel reports. The fund owned 208,348 shares of the company’s stock after selling 2,496 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up 0.9% of Glassman Wealth Services’ portfolio, making the stock its 12th biggest holding. Glassman Wealth Services’ holdings in Schwab U.S. Large-Cap Value ETF were worth $5,765,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gemmer Asset Management LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the 2nd quarter. Gemmer Asset Management LLC now owns 4,439,368 shares of the company’s stock valued at $122,837,000 after purchasing an additional 131,048 shares in the last quarter. LPL Financial LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 0.8% in the first quarter. LPL Financial LLC now owns 3,523,715 shares of the company’s stock valued at $93,660,000 after buying an additional 28,552 shares during the last quarter. Rainey & Randall Wealth Advisors Inc. raised its stake in Schwab U.S. Large-Cap Value ETF by 1.0% in the second quarter. Rainey & Randall Wealth Advisors Inc. now owns 2,942,753 shares of the company’s stock valued at $81,426,000 after buying an additional 28,766 shares in the last quarter. Mokosak Advisory Group LLC raised its stake in Schwab U.S. Large-Cap Value ETF by 1.6% in the second quarter. Mokosak Advisory Group LLC now owns 2,911,430 shares of the company’s stock valued at $80,559,000 after buying an additional 45,858 shares in the last quarter. Finally, Krilogy Financial LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 1.9% during the 2nd quarter. Krilogy Financial LLC now owns 2,286,562 shares of the company’s stock worth $63,269,000 after buying an additional 42,415 shares during the last quarter.

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

NYSEARCA:SCHV opened at $29.08 on Friday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.08 and a 1 year high of $29.48. The stock has a market cap of $13.76 billion, a P/E ratio of 19.08 and a beta of 0.90. The stock has a 50-day simple moving average of $29.01 and a 200-day simple moving average of $28.03.

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.