SteelPeak Wealth LLC Buys New Shares in Schwab U.S. Large-Cap Value ETF $SCHV

SteelPeak Wealth LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 378,051 shares of the company’s stock, valued at approximately $12,593,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHV. Serenity Investment Advisors increased its position in shares of Schwab U.S. Large-Cap Value ETF by 1.9% in the 2nd quarter. Serenity Investment Advisors now owns 979,372 shares of the company’s stock worth $34,082,000 after purchasing an additional 17,936 shares during the last quarter. Unique Wealth LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 25.0% in the 1st quarter. Unique Wealth LLC now owns 120,739 shares of the company’s stock valued at $3,683,000 after purchasing an additional 24,156 shares in the last quarter. Steelhead Wealth Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $14,294,000. Murphy Middleton Hinkle & Parker Inc. lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 6.7% during the second quarter. Murphy Middleton Hinkle & Parker Inc. now owns 349,164 shares of the company’s stock worth $12,154,000 after purchasing an additional 21,899 shares during the last quarter. Finally, Rockwood Wealth Management LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the first quarter worth about $649,000.

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

NYSEARCA:SCHV opened at $34.15 on Friday. The company has a market capitalization of $15.48 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a one year low of $28.29 and a one year high of $35.49. The stock has a 50-day simple moving average of $34.33 and a 200 day simple moving average of $33.66.

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.