16,266 Shares in Schwab U.S. Large-Cap Value ETF $SCHV Purchased by Payne Capital LLC

Payne Capital LLC bought a new position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the third quarter, Holdings Channel.com reports. The institutional investor bought 16,266 shares of the company’s stock, valued at approximately $474,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHV. Sei Investments Co. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 6.0% in the second quarter. Sei Investments Co. now owns 43,062,193 shares of the company’s stock worth $1,191,532,000 after purchasing an additional 2,420,337 shares during the last quarter. Mather Group LLC. grew its stake in Schwab U.S. Large-Cap Value ETF by 3.4% in the 3rd quarter. Mather Group LLC. now owns 34,105,438 shares of the company’s stock worth $992,809,000 after buying an additional 1,113,321 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Schwab U.S. Large-Cap Value ETF by 3.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,686,727 shares of the company’s stock worth $485,751,000 after buying an additional 518,827 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.7% in the 2nd quarter. Osaic Holdings Inc. now owns 11,980,931 shares of the company’s stock worth $331,516,000 after buying an additional 426,274 shares during the last quarter. Finally, Avantax Planning Partners Inc. increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.3% in the 3rd quarter. Avantax Planning Partners Inc. now owns 10,079,785 shares of the company’s stock worth $293,423,000 after buying an additional 133,585 shares during the last quarter.

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

NYSEARCA SCHV opened at $31.49 on Wednesday. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $31.61. The company has a market capitalization of $15.13 billion, a P/E ratio of 19.08 and a beta of 0.90. The company has a fifty day moving average of $30.16 and a 200-day moving average of $29.23.

Schwab U.S. Large-Cap Value ETF Company 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.