Avantax Planning Partners Inc. Increases Stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Avantax Planning Partners Inc. boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 200.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,927,842 shares of the company’s stock after acquiring an additional 6,621,242 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 9.3% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 2nd largest holding. Avantax Planning Partners Inc. owned about 6.88% of Schwab U.S. Large-Cap Value ETF worth $258,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in SCHV. Verdence Capital Advisors LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 23.3% in the third quarter. Verdence Capital Advisors LLC now owns 4,249 shares of the company’s stock valued at $341,000 after acquiring an additional 802 shares during the last quarter. Kennebec Savings Bank acquired a new position in Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $106,000. Catalytic Wealth RIA LLC acquired a new position in Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $355,000. Marshall Financial Group Inc. ADV lifted its stake in Schwab U.S. Large-Cap Value ETF by 5.1% in the third quarter. Marshall Financial Group Inc. ADV now owns 333,707 shares of the company’s stock valued at $26,820,000 after buying an additional 16,132 shares during the period. Finally, Everhart Financial Group Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF by 6.9% in the third quarter. Everhart Financial Group Inc. now owns 51,245 shares of the company’s stock valued at $4,119,000 after buying an additional 3,304 shares during the period.

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

Shares of SCHV opened at $26.55 on Tuesday. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.84 and a 52-week high of $28.19. The business’s 50 day moving average price is $26.90 and its two-hundred day moving average price is $26.85. The firm has a market cap of $11.90 billion, a PE ratio of 19.93 and a beta of 0.96.

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.