Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Bought by Meritage Portfolio Management

Meritage Portfolio Management grew its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 270.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,530 shares of the company’s stock after acquiring an additional 28,122 shares during the period. Meritage Portfolio Management’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,004,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SCHV. Capital Insight Partners LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 1.5% in the 3rd quarter. Capital Insight Partners LLC now owns 9,061 shares of the company’s stock worth $728,000 after purchasing an additional 131 shares during the period. Tidemark LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $32,000. Cedar Wealth Management LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 1.3% in the third quarter. Cedar Wealth Management LLC now owns 35,128 shares of the company’s stock valued at $2,823,000 after buying an additional 436 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 13.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 4,034 shares of the company’s stock worth $324,000 after buying an additional 470 shares during the period. Finally, Joseph Group Capital Management lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 1.6% during the 3rd quarter. Joseph Group Capital Management now owns 29,726 shares of the company’s stock valued at $2,389,000 after buying an additional 476 shares in the last quarter.

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

Shares of NYSEARCA SCHV opened at $27.23 on Thursday. The firm has a fifty day moving average of $26.78 and a 200 day moving average of $26.54. The firm has a market cap of $3.93 billion, a PE ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a one year low of $23.35 and a one 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.