Ballast Financial Advisors LLC Buys New Shares in Schwab U.S. Large-Cap Value ETF $SCHV

Ballast Financial Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 52,155 shares of the company’s stock, valued at approximately $1,544,000. Schwab U.S. Large-Cap Value ETF makes up 1.6% of Ballast Financial Advisors LLC’s investment portfolio, making the stock its 16th largest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Align Financial LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at $329,000. AQR Capital Management LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 76.7% during the fourth quarter. AQR Capital Management LLC now owns 102,806 shares of the company’s stock valued at $3,044,000 after acquiring an additional 44,638 shares during the period. Northeast Financial Group Inc. raised its holdings in Schwab U.S. Large-Cap Value ETF by 2.7% during the fourth quarter. Northeast Financial Group Inc. now owns 606,420 shares of the company’s stock valued at $17,958,000 after acquiring an additional 15,821 shares during the period. Cetera Investment Advisers raised its holdings in Schwab U.S. Large-Cap Value ETF by 20.5% during the fourth quarter. Cetera Investment Advisers now owns 3,614,316 shares of the company’s stock valued at $107,020,000 after acquiring an additional 615,249 shares during the period. Finally, Advisory Services Network LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 1.1% during the fourth quarter. Advisory Services Network LLC now owns 105,619 shares of the company’s stock valued at $3,127,000 after acquiring an additional 1,167 shares during the period.

Schwab U.S. Large-Cap Value ETF Stock Down 0.8%

NYSEARCA:SCHV opened at $34.37 on Thursday. The business’s 50-day simple moving average is $32.84 and its two-hundred day simple moving average is $31.48. The stock has a market cap of $16.09 billion, a PE ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52 week low of $27.01 and a 52 week high of $35.05.

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.