Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC trimmed its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 57.9% in the first quarter, Holdings Channel.com reports. The fund owned 2,753,534 shares of the company’s stock after selling 3,782,174 shares during the period. Schwab U.S. Large-Cap Value ETF makes up about 0.5% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 29th largest holding. Wealth Enhancement Advisory Services LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $209,214,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHV. Wealthcare Advisory Partners LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 30.6% during the first quarter. Wealthcare Advisory Partners LLC now owns 7,731 shares of the company’s stock worth $587,000 after purchasing an additional 1,811 shares in the last quarter. GoalVest Advisory LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter worth about $174,000. Future Financial Wealth Managment LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $38,000. Sovereign Financial Group Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF by 18.7% during the 1st quarter. Sovereign Financial Group Inc. now owns 11,068 shares of the company’s stock valued at $841,000 after acquiring an additional 1,744 shares in the last quarter. Finally, Brookstone Capital Management increased its holdings in Schwab U.S. Large-Cap Value ETF by 4.4% during the 1st quarter. Brookstone Capital Management now owns 20,681 shares of the company’s stock valued at $1,571,000 after acquiring an additional 868 shares in the last quarter.

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

Shares of NYSEARCA SCHV traded up $0.03 on Thursday, hitting $74.07. The company’s stock had a trading volume of 263,904 shares, compared to its average volume of 391,324. The stock has a 50 day moving average of $74.22 and a 200-day moving average of $72.64. The company has a market capitalization of $10.70 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 12-month low of $60.99 and a 12-month high of $76.13.

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.