Grant GrossMendelsohn LLC Acquires 80,040 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Grant GrossMendelsohn LLC increased its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 182.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,931 shares of the company’s stock after purchasing an additional 80,040 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 1.7% of Grant GrossMendelsohn LLC’s holdings, making the stock its 14th biggest holding. Grant GrossMendelsohn LLC owned 0.09% of Schwab U.S. Large-Cap Value ETF worth $3,231,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SCHV. Bank of New York Mellon Corp purchased a new position in Schwab U.S. Large-Cap Value ETF during the second quarter valued at $255,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter worth about $206,000. Brighton Jones LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 1.7% in the second quarter. Brighton Jones LLC now owns 9,543 shares of the company’s stock worth $707,000 after buying an additional 158 shares in the last quarter. Retirement Investment Advisors Inc. bought a new position in Schwab U.S. Large-Cap Value ETF during the second quarter valued at approximately $3,330,000. Finally, Joseph Group Capital Management grew its holdings in Schwab U.S. Large-Cap Value ETF by 2.9% during the 2nd quarter. Joseph Group Capital Management now owns 29,250 shares of the company’s stock valued at $2,167,000 after buying an additional 812 shares in the last quarter.

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

Shares of SCHV opened at $26.88 on Friday. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 1 year low of $22.84 and a 1 year high of $28.19. The business’s 50 day simple moving average is $26.86 and its 200-day simple moving average is $26.34.

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.