Money Concepts Capital Corp Buys 61,258 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Money Concepts Capital Corp lifted its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 115.2% in the 1st quarter, HoldingsChannel reports. The firm owned 114,452 shares of the company’s stock after buying an additional 61,258 shares during the quarter. Money Concepts Capital Corp’s holdings in Schwab U.S. Large-Cap Value ETF were worth $3,491,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Rockwood Wealth Management LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the first quarter worth $649,000. Axxcess Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at $431,000. Westbourne Investment Advisors Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.7% during the 1st quarter. Westbourne Investment Advisors Inc. now owns 189,297 shares of the company’s stock worth $5,774,000 after acquiring an additional 6,682 shares during the period. PUREfi Wealth LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter worth $316,000. Finally, Ascentis Independent Advisors purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 1st quarter worth about $32,000.

Schwab U.S. Large-Cap Value ETF Stock Up 0.2%

Schwab U.S. Large-Cap Value ETF stock traded up $0.07 during midday trading on Friday, reaching $34.39. The stock had a trading volume of 1,920,876 shares, compared to its average volume of 4,171,099. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.39 and a 12 month high of $35.05. The firm’s 50-day moving average price is $33.76 and its 200 day moving average price is $32.05. The firm has a market capitalization of $15.75 billion, a PE ratio of 19.08 and a beta of 0.82.

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. 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.