Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) is Dravo Bay LLC’s 8th Largest Position

Dravo Bay LLC raised its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 35.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 64,146 shares of the company’s stock after buying an additional 16,730 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for about 3.0% of Dravo Bay LLC’s holdings, making the stock its 8th biggest position. Dravo Bay LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $4,497,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in SCHV. Mather Group LLC. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 6.9% during the 4th quarter. Mather Group LLC. now owns 10,542,762 shares of the company’s stock worth $739,048,000 after purchasing an additional 680,703 shares during the last quarter. Sei Investments Co. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 5.3% during the 3rd quarter. Sei Investments Co. now owns 8,824,102 shares of the company’s stock worth $568,801,000 after purchasing an additional 445,094 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter worth $27,673,000. Cooper Financial Group acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter worth $20,983,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 8.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,821,796 shares of the company’s stock worth $246,353,000 after purchasing an additional 286,280 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Up 0.1 %

Shares of SCHV traded up $0.05 during mid-day trading on Wednesday, hitting $73.98. 273,320 shares of the company’s stock were exchanged, compared to its average volume of 426,313. The firm has a fifty day moving average of $73.81 and a two-hundred day moving average of $70.22. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a twelve month low of $60.99 and a twelve month high of $76.13.

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.