Schwab U.S. Large-Cap Value ETF $SCHV Stock Acquired by Friday Financial

Friday Financial increased its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 61.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 627,761 shares of the company’s stock after acquiring an additional 239,513 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 4.2% of Friday Financial’s holdings, making the stock its 4th largest position. Friday Financial’s holdings in Schwab U.S. Large-Cap Value ETF were worth $20,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. TSG Advice Partners LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the first quarter worth $30,871,000. World Investment Advisors boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 101.6% in the 1st quarter. World Investment Advisors now owns 1,977,398 shares of the company’s stock valued at $60,311,000 after purchasing an additional 996,424 shares in the last quarter. Steelhead Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter worth about $14,294,000. Mariner LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.8% in the 4th quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock worth $269,542,000 after purchasing an additional 329,550 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 38.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 890,366 shares of the company’s stock worth $29,658,000 after purchasing an additional 247,211 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Up 0.4%

Shares of SCHV stock opened at $33.93 on Friday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $28.29 and a 12-month high of $35.49. The company has a market capitalization of $15.42 billion, a P/E ratio of 19.08 and a beta of 0.83. The firm has a 50-day moving average price of $34.40 and a 200 day moving average price of $33.53.

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.