Westbourne Investment Advisors Inc. Increases Stake in Schwab U.S. Large-Cap Value ETF $SCHV

Westbourne Investment Advisors Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 17.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 173,699 shares of the company’s stock after buying an additional 25,316 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up about 1.4% of Westbourne Investment Advisors Inc.’s investment portfolio, making the stock its 26th largest position. Westbourne Investment Advisors Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $5,056,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Whitaker Myers Wealth Managers LTD. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 5.9% during the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 516,823 shares of the company’s stock valued at $15,045,000 after purchasing an additional 28,754 shares during the last quarter. Perigon Wealth Management LLC increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.8% in the third quarter. Perigon Wealth Management LLC now owns 601,972 shares of the company’s stock worth $17,523,000 after purchasing an additional 21,895 shares during the last quarter. Courage Miller Partners LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 2.1% in the second quarter. Courage Miller Partners LLC now owns 274,001 shares of the company’s stock worth $7,582,000 after buying an additional 5,727 shares in the last quarter. Allworth Financial LP lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 5.2% in the second quarter. Allworth Financial LP now owns 436,697 shares of the company’s stock worth $12,083,000 after buying an additional 21,765 shares in the last quarter. Finally, M3 Advisory Group LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 1.5% during the second quarter. M3 Advisory Group LLC now owns 92,987 shares of the company’s stock valued at $2,573,000 after buying an additional 1,377 shares during the last quarter.

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

NYSEARCA SCHV opened at $29.88 on Tuesday. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.08 and a 1-year high of $29.99. The business has a 50 day simple moving average of $29.28 and a two-hundred day simple moving average of $28.68. The stock has a market capitalization of $14.14 billion, a PE ratio of 19.08 and a beta of 0.90.

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.