Cornerstone Wealth Management LLC Purchases 35,393 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Cornerstone Wealth Management LLC boosted its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 236.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,379 shares of the company’s stock after acquiring an additional 35,393 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,313,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Copley Financial Group Inc. bought a new position in Schwab U.S. Large-Cap Value ETF in the third quarter valued at $57,000. Denver PWM LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 1.6% in the third quarter. Denver PWM LLC now owns 230,667 shares of the company’s stock valued at $18,539,000 after acquiring an additional 3,607 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 38.4% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 4,310 shares of the company’s stock valued at $346,000 after buying an additional 1,195 shares during the last quarter. Destination Wealth Management bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter valued at about $278,000. Finally, Sculati Wealth Management LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 106.6% during the third quarter. Sculati Wealth Management LLC now owns 62,397 shares of the company’s stock valued at $4,741,000 after buying an additional 32,192 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.1 %

Shares of NYSEARCA:SCHV opened at $27.21 on Friday. The stock’s 50-day moving average price is $26.84 and its 200-day moving average price is $26.43. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.35 and a 12-month high of $28.19. The stock has a market capitalization of $3.93 billion, a P/E ratio of 17.88 and a beta of 0.77.

Schwab U.S. Large-Cap Value ETF Company Profile

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.