Peak Wealth Management LLC Takes $12.66 Million Position in Schwab U.S. Large-Cap Value ETF $SCHV

Peak Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 427,656 shares of the company’s stock, valued at approximately $12,663,000. Schwab U.S. Large-Cap Value ETF makes up approximately 10.6% of Peak Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Peak Wealth Management LLC owned about 0.09% of Schwab U.S. Large-Cap Value ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHV. Brighton Jones LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 282.6% in the 4th quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock worth $742,000 after buying an additional 21,031 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 200.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock worth $544,000 after buying an additional 13,925 shares in the last quarter. AQR Capital Management LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 179.6% in the 1st quarter. AQR Capital Management LLC now owns 35,409 shares of the company’s stock worth $941,000 after buying an additional 22,744 shares in the last quarter. Brown Advisory Inc. grew its holdings in Schwab U.S. Large-Cap Value ETF by 27.4% in the 2nd quarter. Brown Advisory Inc. now owns 12,952 shares of the company’s stock worth $358,000 after buying an additional 2,787 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its holdings in Schwab U.S. Large-Cap Value ETF by 2,712.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 12,542 shares of the company’s stock worth $347,000 after buying an additional 12,096 shares in the last quarter.

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

Shares of SCHV stock opened at $32.67 on Monday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $26.13 and a 12-month high of $32.90. The firm has a market capitalization of $15.29 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. The business has a 50 day simple moving average of $31.38 and a 200 day simple moving average of $30.56.

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.