Meriwether Wealth & Planning LLC Purchases 40,249 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Meriwether Wealth & Planning LLC grew its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 5.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 735,542 shares of the company’s stock after purchasing an additional 40,249 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 12.4% of Meriwether Wealth & Planning LLC’s holdings, making the stock its 2nd biggest position. Meriwether Wealth & Planning LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $21,412,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SCHV. Praetorian Wealth Management Inc. acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at about $224,000. Veery Capital LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.8% in the third quarter. Veery Capital LLC now owns 1,133,690 shares of the company’s stock valued at $33,002,000 after purchasing an additional 30,348 shares in the last quarter. Tactive Advisors LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 2.4% during the 3rd quarter. Tactive Advisors LLC now owns 35,428 shares of the company’s stock worth $1,031,000 after purchasing an additional 825 shares in the last quarter. Berger Financial Group Inc raised its position in shares of Schwab U.S. Large-Cap Value ETF by 4.7% during the 3rd quarter. Berger Financial Group Inc now owns 72,184 shares of the company’s stock worth $2,101,000 after purchasing an additional 3,246 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 68.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,827,049 shares of the company’s stock valued at $53,185,000 after buying an additional 740,288 shares in the last quarter.

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

Shares of NYSEARCA:SCHV opened at $29.81 on Wednesday. The business’s fifty day moving average price is $29.21 and its two-hundred day moving average price is $28.61. The stock has a market cap of $14.11 billion, a PE ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a one year low of $23.08 and a one year high of $29.90.

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. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.