MeadowBrook Investment Advisors LLC Takes $118,000 Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

MeadowBrook Investment Advisors LLC bought a new position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the 4th quarter, Holdings Channel.com reports. The firm bought 1,690 shares of the company’s stock, valued at approximately $118,000.

Several other institutional investors have also modified their holdings of SCHV. SRS Capital Advisors Inc. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 476.2% in the fourth quarter. SRS Capital Advisors Inc. now owns 363 shares of the company’s stock worth $25,000 after acquiring an additional 300 shares in the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at approximately $31,000. CVA Family Office LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at approximately $32,000. Briaud Financial Planning Inc acquired a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter valued at approximately $33,000. Finally, Gradient Investments LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter valued at approximately $35,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.8 %

NYSEARCA SCHV traded up $0.55 on Monday, hitting $73.76. 398,985 shares of the stock traded hands, compared to its average volume of 430,588. The stock has a 50-day moving average of $73.76 and a 200 day moving average of $70.07. The company has a market capitalization of $10.65 billion, a P/E 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.

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.