Family Asset Management LLC Reduces Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Family Asset Management LLC trimmed its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 54.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 21,046 shares of the company’s stock after selling 25,603 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up 1.0% of Family Asset Management LLC’s holdings, making the stock its 23rd biggest holding. Family Asset Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,475,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHV. Apollon Wealth Management LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 78.5% during the fourth quarter. Apollon Wealth Management LLC now owns 283,735 shares of the company’s stock worth $19,890,000 after acquiring an additional 124,764 shares during the last quarter. Lincoln National Corp lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 34.5% in the 4th quarter. Lincoln National Corp now owns 5,204 shares of the company’s stock valued at $365,000 after purchasing an additional 1,335 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 6.0% during the 4th quarter. Private Advisor Group LLC now owns 26,809 shares of the company’s stock valued at $1,879,000 after purchasing an additional 1,512 shares during the last quarter. MeadowBrook Investment Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at approximately $118,000. Finally, Ifrah Financial Services Inc. lifted its position in Schwab U.S. Large-Cap Value ETF by 3.4% in the fourth quarter. Ifrah Financial Services Inc. now owns 73,416 shares of the company’s stock worth $5,146,000 after buying an additional 2,417 shares during the last quarter.

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

NYSEARCA SCHV traded up $0.55 on Monday, hitting $73.76. 398,985 shares of the stock were exchanged, compared to its average volume of 430,588. Schwab U.S. Large-Cap Value ETF has a 52-week low of $60.99 and a 52-week high of $76.13. The firm has a market capitalization of $10.65 billion, a P/E ratio of 17.88 and a beta of 0.77. The stock has a fifty day moving average price of $73.78 and a two-hundred day moving average price of $70.14.

About Schwab U.S. Large-Cap Value ETF

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.