Cetera Investment Advisers Sells 70,132 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Cetera Investment Advisers reduced its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 3,544,184 shares of the company’s stock after selling 70,132 shares during the period. Cetera Investment Advisers owned 0.76% of Schwab U.S. Large-Cap Value ETF worth $108,098,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Signature Equity Partners LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 5.9% during the 1st quarter. Signature Equity Partners LLC now owns 12,265 shares of the company’s stock worth $374,000 after purchasing an additional 681 shares during the last quarter. Cadence Wealth Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.9% in the 1st quarter. Cadence Wealth Management LLC now owns 225,363 shares of the company’s stock valued at $6,874,000 after purchasing an additional 4,304 shares during the last quarter. Summit Asset Management LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 4.8% during the 1st quarter. Summit Asset Management LLC now owns 1,232,457 shares of the company’s stock worth $37,590,000 after buying an additional 56,984 shares during the period. Van Strum & Towne Inc. grew its position in shares of Schwab U.S. Large-Cap Value ETF by 13.2% during the 1st quarter. Van Strum & Towne Inc. now owns 49,433 shares of the company’s stock worth $1,508,000 after buying an additional 5,755 shares during the period. Finally, Basepoint Wealth LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 6.1% during the 1st quarter. Basepoint Wealth LLC now owns 16,809 shares of the company’s stock worth $513,000 after buying an additional 961 shares during the period.

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

Shares of NYSEARCA SCHV opened at $34.22 on Friday. The company’s 50 day simple moving average is $34.00 and its 200 day simple moving average is $32.33. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $27.39 and a fifty-two week high of $35.05. The firm has a market capitalization of $15.77 billion, a P/E ratio of 19.08 and a beta of 0.82.

About Schwab U.S. Large-Cap Value ETF

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.