Mather Group LLC. Increases Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Mather Group LLC. raised its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 197.4% in the fourth quarter, Holdings Channel reports. The fund owned 31,961,534 shares of the company’s stock after buying an additional 21,215,739 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises approximately 10.8% of Mather Group LLC.’s investment portfolio, making the stock its 2nd biggest holding. Mather Group LLC. owned 0.22% of Schwab U.S. Large-Cap Value ETF worth $833,237,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHV. Capital Insight Partners LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 1.5% during the third quarter. Capital Insight Partners LLC now owns 9,061 shares of the company’s stock valued at $728,000 after buying an additional 131 shares during the last quarter. Centaurus Financial Inc. increased its stake in Schwab U.S. Large-Cap Value ETF by 5.8% during the second quarter. Centaurus Financial Inc. now owns 2,573 shares of the company’s stock valued at $191,000 after acquiring an additional 140 shares during the period. Tidemark LLC bought a new position in Schwab U.S. Large-Cap Value ETF during the third quarter valued at about $32,000. Cedar Wealth Management LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 1.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 35,128 shares of the company’s stock valued at $2,823,000 after acquiring an additional 436 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 13.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 4,034 shares of the company’s stock worth $324,000 after acquiring an additional 470 shares during the period.

Schwab U.S. Large-Cap Value ETF Trading Down 0.3 %

SCHV opened at $27.03 on Tuesday. The stock’s 50 day simple moving average is $26.82 and its 200-day simple moving average is $26.51. The stock has a market cap of $3.90 billion, a PE ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.35 and a 1 year high of $28.19.

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.