Modera Wealth Management LLC Cuts Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

Modera Wealth Management LLC lowered its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 30.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,666 shares of the company’s stock after selling 38,832 shares during the quarter. Modera Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,643,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in SCHV. Advisortrust Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter worth about $58,000. Bessemer Group Inc. acquired a new stake in Schwab U.S. Large-Cap Value ETF during the 1st quarter worth approximately $78,000. Frisch Financial Group Inc. purchased a new position in Schwab U.S. Large-Cap Value ETF in the first quarter valued at approximately $280,000. Evergreen Advisors LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the first quarter valued at approximately $698,000. Finally, D.A. Davidson & CO. lifted its position in Schwab U.S. Large-Cap Value ETF by 6.1% during the first quarter. D.A. Davidson & CO. now owns 31,649 shares of the company’s stock valued at $965,000 after buying an additional 1,831 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Down 0.6%

SCHV opened at $33.81 on Friday. Schwab U.S. Large-Cap Value ETF has a 52-week low of $27.39 and a 52-week high of $35.05. The company has a 50 day moving average of $33.90 and a two-hundred day moving average of $32.19. The company has a market cap of $15.51 billion, a P/E ratio of 19.08 and a beta of 0.82.

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.