Schwab U.S. Large-Cap Value ETF $SCHV Shares Purchased by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. boosted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 0.3% in the first quarter, HoldingsChannel.com reports. The firm owned 10,217,486 shares of the company’s stock after buying an additional 29,579 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises about 8.6% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 2nd largest holding. Avantax Planning Partners Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $311,633,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHV. Valpey Financial Services LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the 4th quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after purchasing an additional 6,043,804 shares during the last quarter. Wellington Management Group LLP acquired a new stake in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $68,742,000. Mather Group LLC. grew 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 last quarter. TSG Advice Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the first quarter worth approximately $30,871,000. Finally, World Investment Advisors raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 101.6% during the first quarter. World Investment Advisors now owns 1,977,398 shares of the company’s stock worth $60,311,000 after purchasing an additional 996,424 shares during the last quarter.

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

Shares of SCHV stock opened at $34.22 on Tuesday. The firm has a market capitalization of $15.69 billion, a PE ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a 1-year low of $27.39 and a 1-year high of $35.05. The business’s fifty day moving average price is $33.80 and its 200 day moving average price is $32.10.

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.