GSB Wealth Management LLC Buys 16,284 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

GSB Wealth Management LLC lifted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 200.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,425 shares of the company’s stock after purchasing an additional 16,284 shares during the quarter. GSB Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $637,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHV. Bank of New York Mellon Corp purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth $255,000. MidWestOne Financial Group Inc. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 15.3% in the 2nd quarter. MidWestOne Financial Group Inc. now owns 93,085 shares of the company’s stock worth $6,896,000 after purchasing an additional 12,341 shares in the last quarter. Silver Lake Advisory LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth $941,000. Front Row Advisors LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 13.3% in the 2nd quarter. Front Row Advisors LLC now owns 2,846 shares of the company’s stock worth $212,000 after buying an additional 335 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 12.2% in the 2nd quarter. NewEdge Advisors LLC now owns 12,493 shares of the company’s stock worth $926,000 after buying an additional 1,356 shares in the last quarter.

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

Shares of SCHV stock opened at $27.21 on Friday. The stock has a fifty day simple moving average of $26.84 and a two-hundred day simple moving average of $26.43. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.35 and a 52-week high of $28.19. The firm has a market capitalization of $3.93 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.