Gemmer Asset Management LLC Purchases 131,048 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Gemmer Asset Management LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,439,368 shares of the company’s stock after purchasing an additional 131,048 shares during the period. Schwab U.S. Large-Cap Value ETF comprises 11.0% of Gemmer Asset Management LLC’s portfolio, making the stock its largest position. Gemmer Asset Management LLC owned 0.97% of Schwab U.S. Large-Cap Value ETF worth $122,837,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHV. Abound Wealth Management increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 993.1% in the second quarter. Abound Wealth Management now owns 951 shares of the company’s stock worth $26,000 after buying an additional 864 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the first quarter worth $27,000. Dagco Inc. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the first quarter worth $28,000. Kessler Investment Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the first quarter worth $29,000. Finally, First Community Trust NA bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the second quarter worth $33,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.4%

Shares of NYSEARCA:SCHV opened at $29.26 on Friday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $29.40. The company has a fifty day simple moving average of $28.59 and a 200 day simple moving average of $27.31. The firm has a market cap of $13.76 billion, a PE ratio of 19.08 and a beta of 0.94.

Schwab U.S. Large-Cap Value ETF 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.