Schwab U.S. Large-Cap Value ETF $SCHV Shares Sold by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. lessened its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 7.6% during the fourth quarter, HoldingsChannel reports. The fund owned 199,582 shares of the company’s stock after selling 16,413 shares during the period. Schwab U.S. Large-Cap Value ETF comprises approximately 1.7% of Brand Asset Management Group Inc.’s investment portfolio, making the stock its 17th biggest holding. Brand Asset Management Group Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $5,910,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the third quarter worth $26,000. Laurel Wealth Advisors LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $27,000. REAP Financial Group LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the third quarter worth $48,000. United Financial Planning Group LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the third quarter worth $61,000. Finally, Fifth Third Bancorp grew its holdings in Schwab U.S. Large-Cap Value ETF by 508.5% during the fourth quarter. Fifth Third Bancorp now owns 2,209 shares of the company’s stock worth $65,000 after acquiring an additional 1,846 shares during the period.

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

Shares of SCHV stock opened at $33.81 on Wednesday. The stock has a fifty day moving average price of $32.39 and a 200 day moving average price of $31.25. The stock has a market cap of $15.82 billion, a PE ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 1 year low of $27.00 and a 1 year high of $34.26.

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.