Schwab U.S. Large-Cap Value ETF $SCHV Shares Bought by Payne Capital Management LLC

Payne Capital Management LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 9.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 507,757 shares of the company’s stock after purchasing an additional 42,202 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up 4.8% of Payne Capital Management LLC’s portfolio, making the stock its 8th largest holding. Payne Capital Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $14,781,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. JPL Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter valued at about $26,000. Total Investment Management Inc. bought a new position in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at about $41,000. REAP Financial Group LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at about $48,000. United Financial Planning Group LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at about $61,000. Finally, Caldwell Trust Co acquired a new position in Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at about $62,000.

Schwab U.S. Large-Cap Value ETF Trading Down 1.4%

SCHV stock opened at $30.62 on Thursday. The firm’s 50-day moving average is $31.39 and its two-hundred day moving average is $29.97. The company has a market capitalization of $14.71 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 52 week low of $23.08 and a 52 week high of $32.45.

Schwab U.S. Large-Cap Value ETF 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.