Ballast Advisors LLC Boosts Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Ballast Advisors LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 202.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,163,809 shares of the company’s stock after purchasing an additional 779,597 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for approximately 9.3% of Ballast Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Ballast Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $30,340,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hollencrest Capital Management boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Hollencrest Capital Management now owns 996 shares of the company’s stock worth $26,000 after buying an additional 664 shares in the last quarter. First PREMIER Bank raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. First PREMIER Bank now owns 1,035 shares of the company’s stock worth $27,000 after purchasing an additional 690 shares during the period. Jackson Hole Capital Partners LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 1,170 shares of the company’s stock worth $31,000 after purchasing an additional 780 shares during the period. Tidemark LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Tidemark LLC now owns 1,200 shares of the company’s stock worth $31,000 after purchasing an additional 800 shares during the period. Finally, Olistico Wealth LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Olistico Wealth LLC now owns 1,236 shares of the company’s stock worth $32,000 after purchasing an additional 824 shares during the period.

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

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

Schwab U.S. Large-Cap Value ETF Company 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.