Cadence Wealth Management LLC Raises Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Cadence Wealth Management LLC increased its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 251.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 21,701 shares of the company’s stock after acquiring an additional 15,518 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises approximately 1.1% of Cadence Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Cadence Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,608,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHV. SRS Capital Advisors Inc. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 476.2% during the fourth quarter. SRS Capital Advisors Inc. now owns 363 shares of the company’s stock worth $25,000 after buying an additional 300 shares in the last quarter. Family Capital Trust Co purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the first quarter worth $33,000. Scarborough Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $32,000. First Personal Financial Services purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the first quarter worth $35,000. Finally, Olistico Wealth LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter valued at about $36,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.9 %

Schwab U.S. Large-Cap Value ETF stock traded up $0.67 during midday trading on Friday, hitting $79.47. 279,150 shares of the stock were exchanged, compared to its average volume of 379,185. The stock has a market capitalization of $11.48 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. The stock’s 50-day simple moving average is $75.94 and its 200 day simple moving average is $74.63. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $60.99 and a fifty-two week high of $79.59.

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.