Payne Capital Management LLC Has $15.68 Million Stock Holdings in Schwab U.S. Large-Cap Value ETF $SCHV

Payne Capital Management LLC raised its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 4.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 529,661 shares of the company’s stock after acquiring an additional 21,904 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 5.0% of Payne Capital Management LLC’s holdings, making the stock its 7th biggest holding. Payne Capital Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $15,683,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sigma Planning Corp grew its position in shares of Schwab U.S. Large-Cap Value ETF by 5.1% during the 4th quarter. Sigma Planning Corp now owns 12,659 shares of the company’s stock valued at $375,000 after buying an additional 614 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $27,000. GC Wealth Management RIA LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 10.8% during the 4th quarter. GC Wealth Management RIA LLC now owns 8,675 shares of the company’s stock valued at $257,000 after buying an additional 844 shares during the last quarter. Keybank National Association OH bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $208,000. Finally, Pure Portfolios Holdings LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 0.6% during the 4th quarter. Pure Portfolios Holdings LLC now owns 198,395 shares of the company’s stock valued at $5,874,000 after buying an additional 1,125 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Up 1.7%

Shares of NYSEARCA:SCHV opened at $32.47 on Friday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $25.67 and a fifty-two week high of $32.51. The firm has a 50-day simple moving average of $31.35 and a 200 day simple moving average of $30.46. The company has a market cap of $15.22 billion, a PE ratio of 19.08 and a beta of 0.85.

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.