Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 4.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 313,679 shares of the company’s stock after selling 13,453 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.22% of Schwab U.S. Large-Cap Value ETF worth $23,237,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Sei Investments Co. boosted its stake in Schwab U.S. Large-Cap Value ETF by 5.1% in the 2nd quarter. Sei Investments Co. now owns 11,499,907 shares of the company’s stock worth $851,913,000 after buying an additional 553,600 shares during the last quarter. Mather Group LLC. boosted its stake in Schwab U.S. Large-Cap Value ETF by 6.0% in the second quarter. Mather Group LLC. now owns 11,127,954 shares of the company’s stock valued at $845,502,000 after acquiring an additional 628,056 shares during the period. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Value ETF by 10.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,023,662 shares of the company’s stock valued at $298,073,000 after purchasing an additional 382,380 shares during the period. Gemmer Asset Management LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 4.0% during the second quarter. Gemmer Asset Management LLC now owns 1,337,883 shares of the company’s stock valued at $99,110,000 after purchasing an additional 51,758 shares in the last quarter. Finally, LPL Financial LLC grew its position in Schwab U.S. Large-Cap Value ETF by 0.4% in the 2nd quarter. LPL Financial LLC now owns 1,084,738 shares of the company’s stock valued at $80,357,000 after buying an additional 4,493 shares in the last quarter.

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

SCHV opened at $80.37 on Tuesday. Schwab U.S. Large-Cap Value ETF has a 1-year low of $60.99 and a 1-year high of $80.54. The company has a market capitalization of $11.61 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. The business has a 50 day moving average price of $77.56 and a two-hundred day moving average price of $75.51.

Schwab U.S. Large-Cap Value ETF Company 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.