MFG Investments LLC Makes New $9.82 Million Investment in Schwab U.S. Large-Cap Value ETF $SCHV

MFG Investments LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 3rd quarter, HoldingsChannel reports. The firm acquired 294,784 shares of the company’s stock, valued at approximately $9,819,000. Schwab U.S. Large-Cap Value ETF comprises approximately 11.1% of MFG Investments LLC’s portfolio, making the stock its largest holding.

Other large investors have also bought and sold shares of the company. Avantax Planning Partners Inc. boosted its holdings in Schwab U.S. Large-Cap Value ETF by 0.3% during the 1st quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock worth $311,633,000 after acquiring an additional 29,579 shares during the last quarter. Mather Group LLC. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth $257,154,000. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at about $243,975,000. Rainey & Randall Wealth Advisors Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.5% in the third quarter. Rainey & Randall Wealth Advisors Inc. now owns 3,033,676 shares of the company’s stock valued at $101,052,000 after purchasing an additional 15,475 shares during the last quarter. Finally, Cooper Financial Group raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 6.6% in the second quarter. Cooper Financial Group now owns 2,276,475 shares of the company’s stock valued at $79,244,000 after purchasing an additional 140,501 shares during the last quarter.

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

SCHV opened at $34.58 on Wednesday. The company’s 50-day moving average is $34.21 and its 200 day moving average is $33.13. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $28.29 and a fifty-two week high of $35.49. The firm has a market capitalization of $15.66 billion, a P/E ratio of 19.08 and a beta of 0.82.

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.