Independent Solutions Wealth Management LLC Grows Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Independent Solutions Wealth Management LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 172.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,180 shares of the company’s stock after purchasing an additional 186,659 shares during the period. Schwab U.S. Large-Cap Value ETF makes up about 1.7% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Independent Solutions Wealth Management LLC owned approximately 0.20% of Schwab U.S. Large-Cap Value ETF worth $7,695,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Mather Group LLC. lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 197.4% in the fourth quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock worth $833,237,000 after acquiring an additional 21,215,739 shares in the last quarter. Avantax Planning Partners Inc. raised its position in shares of Schwab U.S. Large-Cap Value ETF by 200.2% in the 4th quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock valued at $258,819,000 after purchasing an additional 6,621,242 shares in the last quarter. Gemmer Asset Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 206.9% during the 4th quarter. Gemmer Asset Management LLC now owns 4,188,511 shares of the company’s stock valued at $109,194,000 after buying an additional 2,823,773 shares during the last quarter. Savant Capital LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 187.3% during the fourth quarter. Savant Capital LLC now owns 3,456,606 shares of the company’s stock worth $90,114,000 after buying an additional 2,253,597 shares in the last quarter. Finally, Rainey & Randall Wealth Advisors Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 212.4% in the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 2,877,420 shares of the company’s stock worth $75,014,000 after buying an additional 1,956,262 shares during the last quarter.

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

SCHV opened at $26.71 on Friday. The stock has a market capitalization of $12.04 billion, a PE ratio of 19.30 and a beta of 0.95. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.84 and a 12-month high of $28.19. The firm’s fifty day moving average price is $26.95 and its 200 day moving average price is $26.85.

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.