Schwab U.S. Large-Cap Value ETF $SCHV Shares Sold by Assetmark Inc.

Assetmark Inc. reduced its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 23.4% during the 1st quarter, HoldingsChannel reports. The fund owned 63,188 shares of the company’s stock after selling 19,330 shares during the period. Assetmark Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,927,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Mather Group LLC. raised its holdings in Schwab U.S. Large-Cap Value ETF by 3.0% in the 4th quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock worth $1,040,163,000 after purchasing an additional 1,023,339 shares during the period. Avantax Planning Partners Inc. boosted its position in Schwab U.S. Large-Cap Value ETF by 0.3% during the first quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock worth $311,633,000 after purchasing an additional 29,579 shares in the last quarter. Mariner LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 3.8% in the fourth quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock valued at $269,542,000 after purchasing an additional 329,550 shares during the period. Vantagepoint Investment Advisers LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 0.8% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 8,516,803 shares of the company’s stock valued at $252,183,000 after purchasing an additional 66,800 shares during the period. Finally, Valpey Financial Services LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after buying an additional 6,043,804 shares in the last quarter.

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

Shares of SCHV stock opened at $34.22 on Friday. The company has a market cap of $15.77 billion, a price-to-earnings ratio of 19.08 and a beta of 0.82. The stock has a 50 day simple moving average of $34.00 and a 200-day simple moving average of $32.33. Schwab U.S. Large-Cap Value ETF has a 1-year low of $27.39 and a 1-year high of $35.05.

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.