Steele Capital Management Inc. Lowers Stock Holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Steele Capital Management Inc. decreased its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 1.6% during the first quarter, HoldingsChannel reports. The firm owned 113,800 shares of the company’s stock after selling 1,795 shares during the period. Steele Capital Management Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $3,025,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. New Century Financial Group LLC raised its position in Schwab U.S. Large-Cap Value ETF by 25.8% during the first quarter. New Century Financial Group LLC now owns 10,237 shares of the company’s stock valued at $272,000 after purchasing an additional 2,097 shares in the last quarter. Krilogy Financial LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.8% during the first quarter. Krilogy Financial LLC now owns 2,244,147 shares of the company’s stock valued at $59,649,000 after buying an additional 39,113 shares during the last quarter. Everhart Financial Group Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.0% during the first quarter. Everhart Financial Group Inc. now owns 153,795 shares of the company’s stock valued at $4,088,000 after buying an additional 1,456 shares during the last quarter. Martel Wealth Advisors Inc grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.5% during the first quarter. Martel Wealth Advisors Inc now owns 532,047 shares of the company’s stock valued at $14,142,000 after buying an additional 7,935 shares during the last quarter. Finally, May Barnhard Investments LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.8% during the first quarter. May Barnhard Investments LLC now owns 351,389 shares of the company’s stock valued at $9,340,000 after buying an additional 12,978 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.8%

Shares of NYSEARCA:SCHV opened at $27.09 on Friday. The stock’s 50-day moving average price is $26.12 and its 200-day moving average price is $26.52. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $28.19. The stock has a market capitalization of $12.26 billion, a P/E ratio of 19.08 and a beta of 0.89.

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.