Chapin Davis Inc. Sells 651 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Chapin Davis Inc. reduced its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 15.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,701 shares of the company’s stock after selling 651 shares during the period. Chapin Davis Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHV. SRS Capital Advisors Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF by 476.2% in the fourth quarter. SRS Capital Advisors Inc. now owns 363 shares of the company’s stock valued at $25,000 after buying an additional 300 shares during the period. Tennessee Valley Asset Management Partners acquired a new position in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $31,000. CVA Family Office LLC acquired a new position in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $32,000. Scarborough Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth approximately $32,000. Finally, Fortitude Family Office LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth approximately $38,000.

Schwab U.S. Large-Cap Value ETF Stock Down 0.5 %

Shares of NYSEARCA:SCHV opened at $73.71 on Tuesday. Schwab U.S. Large-Cap Value ETF has a twelve month low of $60.99 and a twelve month high of $76.13. The stock’s 50 day moving average is $74.31 and its 200-day moving average is $72.78. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77.

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.