Schwab U.S. Large-Cap Value ETF $SCHV Shares Acquired by Summit Wealth & Retirement Planning Inc.

Summit Wealth & Retirement Planning Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,707,367 shares of the company’s stock after buying an additional 41,098 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises approximately 11.9% of Summit Wealth & Retirement Planning Inc.’s investment portfolio, making the stock its 2nd biggest position. Summit Wealth & Retirement Planning Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $50,555,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Capital Wealth Advisors increased its position in Schwab U.S. Large-Cap Value ETF by 0.8% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 42,866 shares of the company’s stock worth $1,269,000 after purchasing an additional 333 shares in the last quarter. Hengehold Capital Management LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 3.4% during the 4th quarter. Hengehold Capital Management LLC now owns 10,590 shares of the company’s stock worth $314,000 after acquiring an additional 353 shares during the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in Schwab U.S. Large-Cap Value ETF by 3.9% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 9,403 shares of the company’s stock worth $278,000 after acquiring an additional 355 shares during the last quarter. JFS Wealth Advisors LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 3.8% during the 3rd quarter. JFS Wealth Advisors LLC now owns 10,347 shares of the company’s stock worth $301,000 after acquiring an additional 378 shares during the last quarter. Finally, Riversedge Advisors LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 0.5% during the 4th quarter. Riversedge Advisors LLC now owns 79,239 shares of the company’s stock worth $2,346,000 after acquiring an additional 385 shares during the last quarter.

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

SCHV opened at $32.36 on Friday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $25.82 and a fifty-two week high of $32.60. The firm has a market capitalization of $15.15 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. The company’s 50 day moving average price is $31.35 and its two-hundred day moving average price is $30.47.

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. 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.