Schwab U.S. Large-Cap Value ETF $SCHV Stock Position Trimmed by Gemmer Asset Management LLC

Gemmer Asset Management LLC cut its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,331,628 shares of the company’s stock after selling 107,740 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 10.2% of Gemmer Asset Management LLC’s holdings, making the stock its 2nd largest position. Gemmer Asset Management LLC owned approximately 0.92% of Schwab U.S. Large-Cap Value ETF worth $126,094,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 282.6% in the 4th quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock worth $742,000 after buying an additional 21,031 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 200.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock valued at $544,000 after acquiring an additional 13,925 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 40.1% in the 1st quarter. Russell Investments Group Ltd. now owns 5,951 shares of the company’s stock valued at $158,000 after acquiring an additional 1,703 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.3% in the first quarter. Raymond James Financial Inc. now owns 559,861 shares of the company’s stock worth $14,881,000 after acquiring an additional 7,069 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 10.4% during the first quarter. Ameriprise Financial Inc. now owns 1,645,478 shares of the company’s stock worth $43,725,000 after purchasing an additional 154,409 shares during the last quarter.

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

NYSEARCA SCHV opened at $29.95 on Thursday. The company has a fifty day moving average of $29.23 and a 200 day moving average of $28.62. The company has a market capitalization of $14.17 billion, a PE ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.08 and a 1 year high of $29.99.

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.