Oppenheimer Asset Management Inc. Increases Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Oppenheimer Asset Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 202.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,386 shares of the company’s stock after acquiring an additional 5,610 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $219,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Kovack Advisors Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 206.8% during the 4th quarter. Kovack Advisors Inc. now owns 36,297 shares of the company’s stock valued at $946,000 after buying an additional 24,465 shares in the last quarter. Schneider Downs Wealth Management Advisors LP increased its position in shares of Schwab U.S. Large-Cap Value ETF by 246.5% during the 4th quarter. Schneider Downs Wealth Management Advisors LP now owns 190,243 shares of the company’s stock valued at $4,960,000 after purchasing an additional 135,338 shares during the last quarter. Apriem Advisors raised its position in Schwab U.S. Large-Cap Value ETF by 208.9% in the fourth quarter. Apriem Advisors now owns 126,897 shares of the company’s stock worth $3,308,000 after acquiring an additional 85,823 shares during the period. Nwam LLC lifted its position in Schwab U.S. Large-Cap Value ETF by 200.0% during the fourth quarter. Nwam LLC now owns 34,918 shares of the company’s stock valued at $910,000 after purchasing an additional 23,279 shares in the last quarter. Finally, Bryn Mawr Capital Management LLC increased its holdings in Schwab U.S. Large-Cap Value ETF by 128.8% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 15,678 shares of the company’s stock worth $409,000 after acquiring an additional 8,827 shares in the last quarter.

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

Shares of SCHV stock opened at $26.92 on Friday. The firm has a market capitalization of $12.07 billion, a PE ratio of 19.93 and a beta of 0.96. The stock has a fifty day simple moving average of $26.89 and a two-hundred day simple moving average of $26.83. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.84 and a 52-week high of $28.19.

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.