WealthShield Partners LLC Sells 54,147 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

WealthShield Partners LLC reduced its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 15.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 287,278 shares of the company’s stock after selling 54,147 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 1.0% of WealthShield Partners LLC’s investment portfolio, making the stock its 21st biggest holding. WealthShield Partners LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $8,762,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Valpey Financial Services LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% during the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after acquiring an additional 6,043,804 shares during the period. Wellington Management Group LLP bought a new stake in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $68,742,000. Sei Investments Co. raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.0% during the third quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock worth $1,291,242,000 after buying an additional 1,295,102 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the 4th quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after purchasing an additional 1,023,339 shares during the period. Finally, TSG Advice Partners LLC acquired a new position in Schwab U.S. Large-Cap Value ETF in the first quarter valued at about $30,871,000.

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

SCHV traded up $0.07 during mid-day trading on Friday, hitting $34.39. The stock had a trading volume of 1,920,876 shares, compared to its average volume of 4,171,099. Schwab U.S. Large-Cap Value ETF has a 1-year low of $27.39 and a 1-year high of $35.05. The stock’s fifty day simple moving average is $33.76 and its 200-day simple moving average is $32.05. The firm has a market capitalization of $15.75 billion, a price-to-earnings 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.