Ritholtz Wealth Management Has $2.44 Million Position in Schwab U.S. Large-Cap Value ETF $SCHV

Ritholtz Wealth Management boosted its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 30.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,875 shares of the company’s stock after acquiring an additional 18,801 shares during the period. Ritholtz Wealth Management’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,436,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Valpey Financial Services LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock worth $185,099,000 after purchasing an additional 6,043,804 shares during the period. Wellington Management Group LLP bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $68,742,000. Sei Investments Co. grew its stake in Schwab U.S. Large-Cap Value ETF by 3.0% during the third quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock worth $1,291,242,000 after buying an additional 1,295,102 shares in the last quarter. Mather Group LLC. increased its holdings in Schwab U.S. Large-Cap Value ETF by 3.0% in the 4th quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after buying an additional 1,023,339 shares during the period. Finally, World Investment Advisors increased its holdings in Schwab U.S. Large-Cap Value ETF by 628.0% in the 4th quarter. World Investment Advisors now owns 980,974 shares of the company’s stock valued at $29,047,000 after buying an additional 846,224 shares during the period.

Schwab U.S. Large-Cap Value ETF Trading Down 1.1%

Shares of NYSEARCA:SCHV opened at $34.46 on Friday. The firm has a 50 day moving average of $33.27 and a 200-day moving average of $31.71. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.39 and a 12 month high of $35.05. The stock has a market capitalization of $16.13 billion, a PE ratio of 19.08 and a beta of 0.83.

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. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.