Berkshire Asset Management LLC PA Acquires 17,600 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Berkshire Asset Management LLC PA boosted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 7.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 256,676 shares of the company’s stock after purchasing an additional 17,600 shares during the period. Berkshire Asset Management LLC PA’s holdings in Schwab U.S. Large-Cap Value ETF were worth $7,600,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cypress Financial Planning LLC bought a new stake in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at about $3,254,000. Baring Financial LLC bought a new stake in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at about $6,868,000. Compound Planning Inc. increased its stake in Schwab U.S. Large-Cap Value ETF by 11.1% in the third quarter. Compound Planning Inc. now owns 2,090,688 shares of the company’s stock valued at $60,860,000 after acquiring an additional 209,251 shares during the period. Secure Asset Management LLC grew its stake in Schwab U.S. Large-Cap Value ETF by 50.4% during the fourth quarter. Secure Asset Management LLC now owns 78,846 shares of the company’s stock worth $2,335,000 after buying an additional 26,414 shares during the last quarter. Finally, BCS Wealth Management grew its stake in Schwab U.S. Large-Cap Value ETF by 84.6% during the fourth quarter. BCS Wealth Management now owns 131,958 shares of the company’s stock worth $3,907,000 after buying an additional 60,489 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.3%

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $34.64 on Wednesday. The stock has a market capitalization of $16.21 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 1-year low of $27.00 and a 1-year high of $35.05. The firm’s 50-day moving average price is $32.77 and its two-hundred day moving average price is $31.44.

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.