Schwab U.S. Large-Cap Value ETF $SCHV Shares Bought by Summit Asset Management LLC

Summit Asset Management LLC grew its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 4.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,232,457 shares of the company’s stock after purchasing an additional 56,984 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises approximately 5.2% of Summit Asset Management LLC’s investment portfolio, making the stock its 5th biggest holding. Summit Asset Management LLC owned about 0.26% of Schwab U.S. Large-Cap Value ETF worth $37,590,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SCHV. Vanguard Capital Wealth Advisors boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 0.8% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 42,866 shares of the company’s stock worth $1,269,000 after purchasing an additional 333 shares in the last quarter. Center for Financial Planning Inc. increased its position in Schwab U.S. Large-Cap Value ETF by 1.8% during the 1st quarter. Center for Financial Planning Inc. now owns 19,879 shares of the company’s stock valued at $606,000 after buying an additional 346 shares in the last quarter. Hengehold Capital Management LLC raised its stake in Schwab U.S. Large-Cap Value ETF by 3.4% in the fourth quarter. Hengehold Capital Management LLC now owns 10,590 shares of the company’s stock valued at $314,000 after buying an additional 353 shares during the last quarter. DHJJ Financial Advisors Ltd. raised its stake in Schwab U.S. Large-Cap Value ETF by 3.9% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 9,403 shares of the company’s stock valued at $278,000 after buying an additional 355 shares during the last quarter. Finally, Haverford Trust Co boosted its holdings in Schwab U.S. Large-Cap Value ETF by 0.9% in the fourth quarter. Haverford Trust Co now owns 41,083 shares of the company’s stock worth $1,216,000 after acquiring an additional 372 shares in the last quarter.

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

Shares of NYSEARCA SCHV opened at $33.65 on Tuesday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $27.39 and a fifty-two week high of $35.05. The company has a market cap of $15.50 billion, a PE ratio of 19.08 and a beta of 0.82. The business has a 50-day simple moving average of $33.92 and a two-hundred day simple moving average of $32.24.

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. 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.