Rainey & Randall Wealth Advisors Inc. Boosts Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Rainey & Randall Wealth Advisors Inc. raised its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 212.4% in the 4th quarter, HoldingsChannel reports. The firm owned 2,877,420 shares of the company’s stock after purchasing an additional 1,956,262 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 14.9% of Rainey & Randall Wealth Advisors Inc.’s portfolio, making the stock its 2nd biggest position. Rainey & Randall Wealth Advisors Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $75,014,000 as of its most recent SEC filing.

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

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

SCHV stock opened at $27.24 on Friday. Schwab U.S. Large-Cap Value ETF has a one year low of $23.84 and a one year high of $28.19. The company has a market capitalization of $3.93 billion, a PE ratio of 17.88 and a beta of 0.77. The company’s 50 day moving average price is $26.72 and its two-hundred day moving average price is $26.70.

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.