Vantagepoint Investment Advisers LLC Invests $245.98 Million in Schwab U.S. Large-Cap Value ETF $SCHV

by · The Markets Daily

Vantagepoint Investment Advisers LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,450,003 shares of the company’s stock, valued at approximately $245,980,000. Schwab U.S. Large-Cap Value ETF makes up about 2.0% of Vantagepoint Investment Advisers LLC’s holdings, making the stock its 21st biggest position. Vantagepoint Investment Advisers LLC owned 1.79% of Schwab U.S. Large-Cap Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of SCHV. Whitaker Myers Wealth Managers LTD. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 5.9% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 516,823 shares of the company’s stock valued at $15,045,000 after purchasing an additional 28,754 shares during the period. Perigon Wealth Management LLC raised its stake in Schwab U.S. Large-Cap Value ETF by 3.8% during the third quarter. Perigon Wealth Management LLC now owns 601,972 shares of the company’s stock worth $17,523,000 after acquiring an additional 21,895 shares in the last quarter. Courage Miller Partners LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.1% during the second quarter. Courage Miller Partners LLC now owns 274,001 shares of the company’s stock valued at $7,582,000 after acquiring an additional 5,727 shares during the period. Allworth Financial LP boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 5.2% in the 2nd quarter. Allworth Financial LP now owns 436,697 shares of the company’s stock valued at $12,083,000 after purchasing an additional 21,765 shares in the last quarter. Finally, M3 Advisory Group LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.5% in the 2nd quarter. M3 Advisory Group LLC now owns 92,987 shares of the company’s stock worth $2,573,000 after purchasing an additional 1,377 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Down 0.6%

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $30.78 on Friday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $31.11. The stock has a market capitalization of $14.75 billion, a P/E ratio of 19.08 and a beta of 0.90. The company has a 50-day simple moving average of $29.82 and a 200 day simple moving average of $29.07.

Schwab U.S. Large-Cap Value ETF Company Profile

(Free Report)

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. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.

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