Cornerstone Advisors Asset Management LLC Buys 27,101 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Cornerstone Advisors Asset Management LLC increased its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 201.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,528 shares of the company’s stock after acquiring an additional 27,101 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,057,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Copley Financial Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the third quarter worth about $57,000. Denver PWM LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 1.6% in the 3rd quarter. Denver PWM LLC now owns 230,667 shares of the company’s stock worth $18,539,000 after buying an additional 3,607 shares during the period. Pine Valley Investments Ltd Liability Co grew its position in shares of Schwab U.S. Large-Cap Value ETF by 38.4% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 4,310 shares of the company’s stock worth $346,000 after buying an additional 1,195 shares during the last quarter. Destination Wealth Management purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter valued at approximately $278,000. Finally, Sculati Wealth Management LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 106.6% during the third quarter. Sculati Wealth Management LLC now owns 62,397 shares of the company’s stock valued at $4,741,000 after acquiring an additional 32,192 shares in the last quarter.

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

Shares of SCHV opened at $27.51 on Wednesday. The company has a 50-day simple moving average of $26.68 and a two-hundred day simple moving average of $26.65. The firm has a market capitalization of $3.97 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 $23.84 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.