Tandem Financial LLC Makes New Investment in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Tandem Financial LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,568 shares of the company’s stock, valued at approximately $145,000.

Other hedge funds have also made changes to their positions in the company. Copley Financial Group Inc. bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth approximately $57,000. Denver PWM LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.6% during the 3rd quarter. Denver PWM LLC now owns 230,667 shares of the company’s stock worth $18,539,000 after buying an additional 3,607 shares during the period. Pine Valley Investments Ltd Liability Co raised its holdings in Schwab U.S. Large-Cap Value ETF by 38.4% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 4,310 shares of the company’s stock worth $346,000 after acquiring an additional 1,195 shares during the period. Destination Wealth Management bought a new position in Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth $278,000. Finally, Sculati Wealth Management LLC lifted its position in Schwab U.S. Large-Cap Value ETF by 106.6% during the 3rd quarter. Sculati Wealth Management LLC now owns 62,397 shares of the company’s stock worth $4,741,000 after acquiring an additional 32,192 shares during the last quarter.

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

Shares of NYSEARCA:SCHV opened at $27.27 on Friday. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.35 and a 52-week high of $28.19. The company has a market cap of $3.94 billion, a P/E ratio of 17.88 and a beta of 0.77. The stock’s 50-day moving average is $26.76 and its 200-day moving average is $26.54.

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.