Summit Asset Management LLC Has $34.81 Million Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

Summit Asset Management LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 5.7% in the 4th quarter, HoldingsChannel reports. The firm owned 1,175,473 shares of the company’s stock after acquiring an additional 63,102 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up about 4.9% of Summit Asset Management LLC’s holdings, making the stock its 6th biggest holding. Summit Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $34,806,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Capital Wealth Advisors lifted its stake in Schwab U.S. Large-Cap Value ETF by 0.8% during the fourth quarter. Vanguard Capital Wealth Advisors now owns 42,866 shares of the company’s stock worth $1,269,000 after purchasing an additional 333 shares during the last quarter. Hengehold Capital Management LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 3.4% during the fourth quarter. Hengehold Capital Management LLC now owns 10,590 shares of the company’s stock worth $314,000 after purchasing an additional 353 shares during the last quarter. DHJJ Financial Advisors Ltd. lifted its stake in Schwab U.S. Large-Cap Value ETF by 3.9% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 9,403 shares of the company’s stock worth $278,000 after purchasing an additional 355 shares during the last quarter. JFS Wealth Advisors LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 3.8% during the third quarter. JFS Wealth Advisors LLC now owns 10,347 shares of the company’s stock worth $301,000 after purchasing an additional 378 shares during the last quarter. Finally, Riversedge Advisors LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 0.5% during the fourth quarter. Riversedge Advisors LLC now owns 79,239 shares of the company’s stock worth $2,346,000 after purchasing an additional 385 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Up 0.9%

Shares of SCHV stock opened at $33.31 on Friday. The business has a 50-day moving average price of $31.64 and a two-hundred day moving average price of $30.83. Schwab U.S. Large-Cap Value ETF has a 12-month low of $26.21 and a 12-month high of $33.41. The firm has a market cap of $15.59 billion, a P/E ratio of 19.08 and a beta of 0.83.

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.