Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Stake Increased by Stifel Financial Corp

Stifel Financial Corp raised its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 23.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,434 shares of the company’s stock after acquiring an additional 1,434 shares during the quarter. Stifel Financial Corp’s holdings in Schwab U.S. Large-Cap Value ETF were worth $598,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHV. Bank of New York Mellon Corp acquired a new position in Schwab U.S. Large-Cap Value ETF in the second quarter worth about $255,000. Strategic Blueprint LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth approximately $276,000. Arkadios Wealth Advisors increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 105.1% in the 2nd quarter. Arkadios Wealth Advisors now owns 5,748 shares of the company’s stock valued at $426,000 after acquiring an additional 2,946 shares during the last quarter. Ridgewood Investments LLC bought a new position in Schwab U.S. Large-Cap Value ETF during the second quarter worth $39,000. Finally, Ameritas Advisory Services LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 7.6% in the second quarter. Ameritas Advisory Services LLC now owns 5,423 shares of the company’s stock worth $402,000 after purchasing an additional 385 shares during the period.

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

SCHV stock opened at $26.33 on Thursday. The firm has a fifty day moving average price of $27.13 and a two-hundred day moving average price of $26.19. Schwab U.S. Large-Cap Value ETF has a 1-year low of $22.84 and a 1-year high of $28.19. The firm has a market cap of $3.80 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.