Schwab U.S. Large-Cap Value ETF $SCHV Shares Bought by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. grew its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 5.1% during the fourth quarter, HoldingsChannel reports. The firm owned 628,884 shares of the company’s stock after buying an additional 30,774 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for approximately 4.3% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its 8th largest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $18,621,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. JPL Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at $26,000. Total Investment Management Inc. acquired a new position in Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth $41,000. REAP Financial Group LLC acquired a new position in Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth $48,000. United Financial Planning Group LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at about $61,000. Finally, Caldwell Trust Co purchased a new position in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at about $62,000.

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

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $30.03 on Friday. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.08 and a 1-year high of $32.45. The company has a market capitalization of $14.43 billion, a PE ratio of 19.08 and a beta of 0.90. The business has a 50-day moving average of $31.35 and a 200-day moving average of $30.05.

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.