Diversified Portfolios Inc. Increases Stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Diversified Portfolios Inc. boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 226.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 300,621 shares of the company’s stock after acquiring an additional 208,629 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises about 0.9% of Diversified Portfolios Inc.’s portfolio, making the stock its 28th largest position. Diversified Portfolios Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $7,837,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Tidemark LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $32,000. Cedar Wealth Management LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 1.3% in the third quarter. Cedar Wealth Management LLC now owns 35,128 shares of the company’s stock valued at $2,823,000 after acquiring an additional 436 shares during the last quarter. Foundations Investment Advisors LLC grew its position in Schwab U.S. Large-Cap Value ETF by 13.2% during the third quarter. Foundations Investment Advisors LLC now owns 4,034 shares of the company’s stock valued at $324,000 after acquiring an additional 470 shares during the period. Joseph Group Capital Management increased its stake in Schwab U.S. Large-Cap Value ETF by 1.6% during the third quarter. Joseph Group Capital Management now owns 29,726 shares of the company’s stock worth $2,389,000 after acquiring an additional 476 shares during the last quarter. Finally, ETF Store Inc. increased its stake in Schwab U.S. Large-Cap Value ETF by 3.7% during the third quarter. ETF Store Inc. now owns 13,577 shares of the company’s stock worth $1,091,000 after acquiring an additional 479 shares during the last quarter.

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

NYSEARCA SCHV opened at $27.27 on Wednesday. Schwab U.S. Large-Cap Value ETF has a 1-year low of $23.35 and a 1-year high of $28.19. The firm has a market capitalization of $3.94 billion, a P/E ratio of 17.88 and a beta of 0.77. The business’s 50-day simple moving average is $26.71 and its 200-day simple moving average is $26.59.

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.