Opes Wealth Management LLC Buys 210,072 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Opes Wealth Management LLC increased its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 204.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 312,648 shares of the company’s stock after acquiring an additional 210,072 shares during the period. Schwab U.S. Large-Cap Value ETF comprises 1.7% of Opes Wealth Management LLC’s holdings, making the stock its 17th largest position. Opes Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $8,151,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Tidemark LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the third quarter worth about $32,000. Cedar Wealth Management LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.3% during the third quarter. Cedar Wealth Management LLC now owns 35,128 shares of the company’s stock valued at $2,823,000 after purchasing an additional 436 shares in the last quarter. Foundations Investment Advisors LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 13.2% during the third quarter. Foundations Investment Advisors LLC now owns 4,034 shares of the company’s stock valued at $324,000 after purchasing an additional 470 shares in the last quarter. Joseph Group Capital Management increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.6% during the third quarter. Joseph Group Capital Management now owns 29,726 shares of the company’s stock valued at $2,389,000 after purchasing an additional 476 shares in the last quarter. Finally, ETF Store Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.7% during the third quarter. ETF Store Inc. now owns 13,577 shares of the company’s stock valued at $1,091,000 after purchasing an additional 479 shares in the last quarter.

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

Shares of NYSEARCA SCHV opened at $27.30 on Friday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $23.76 and a fifty-two week high of $28.19. The company has a 50 day simple moving average of $26.68 and a two-hundred day simple moving average of $26.63. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77.

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.