Gemmer Asset Management LLC Increases Stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Gemmer Asset Management LLC raised its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 206.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,188,511 shares of the company’s stock after acquiring an additional 2,823,773 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises approximately 10.8% of Gemmer Asset Management LLC’s investment portfolio, making the stock its biggest holding. Gemmer Asset Management LLC owned approximately 2.90% of Schwab U.S. Large-Cap Value ETF worth $109,194,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SCHV. Tidemark LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter worth about $32,000. Versant Capital Management Inc boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 182.1% in the 4th quarter. Versant Capital Management Inc now owns 1,278 shares of the company’s stock valued at $33,000 after purchasing an additional 825 shares during the last quarter. Fortitude Family Office LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 202.0% in the 4th quarter. Fortitude Family Office LLC now owns 1,646 shares of the company’s stock valued at $43,000 after purchasing an additional 1,101 shares during the last quarter. Copley Financial Group Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $57,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth approximately $67,000.

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

Shares of SCHV stock opened at $26.88 on Monday. The stock has a 50-day moving average of $26.86 and a 200-day moving average of $26.37. Schwab U.S. Large-Cap Value ETF has a one year low of $22.84 and a one year high of $28.19. The stock has a market cap of $3.88 billion, a PE 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.