Cadence Wealth Management LLC Has $6.06 Million Stock Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

Cadence Wealth Management LLC grew its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 9.4% during the 3rd quarter, Holdings Channel reports. The firm owned 208,213 shares of the company’s stock after purchasing an additional 17,853 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 3.2% of Cadence Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Cadence Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $6,061,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Total Investment Management Inc. acquired a new position in Schwab U.S. Large-Cap Value ETF in the second quarter valued at approximately $41,000. REAP Financial Group LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth $48,000. Caldwell Trust Co acquired a new stake in Schwab U.S. Large-Cap Value ETF during the 2nd quarter worth $62,000. Root Financial Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at $91,000. Finally, Traub Capital Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at $98,000.

Schwab U.S. Large-Cap Value ETF Stock Up 0.8%

NYSEARCA:SCHV opened at $32.10 on Friday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $32.45. The stock’s fifty day simple moving average is $30.55 and its 200-day simple moving average is $29.42. The firm has a market capitalization of $15.43 billion, a P/E ratio of 19.08 and a beta of 0.90.

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.