Thrive Wealth Management LLC Sells 2,721 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Thrive Wealth Management LLC lessened its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 3.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,309 shares of the company’s stock after selling 2,721 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for approximately 1.3% of Thrive Wealth Management LLC’s portfolio, making the stock its 10th largest position. Thrive Wealth Management LLC owned approximately 0.06% of Schwab U.S. Large-Cap Value ETF worth $6,406,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SCHV. SRS Capital Advisors Inc. grew its stake in Schwab U.S. Large-Cap Value ETF by 476.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 363 shares of the company’s stock worth $25,000 after buying an additional 300 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at $31,000. Scarborough Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at $32,000. CVA Family Office LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at $32,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the 1st quarter worth $38,000.

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

Schwab U.S. Large-Cap Value ETF stock traded up $0.03 during midday trading on Thursday, hitting $74.07. 263,904 shares of the company’s stock were exchanged, compared to its average volume of 391,324. The firm’s 50 day simple moving average is $74.26 and its 200 day simple moving average is $72.65. Schwab U.S. Large-Cap Value ETF has a 12-month low of $60.99 and a 12-month high of $76.13. The stock has a market cap of $10.70 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77.

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.