Payne Capital LLC Makes New Investment in Schwab U.S. Large-Cap Value ETF $SCHV

Payne Capital LLC purchased a new position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,266 shares of the company’s stock, valued at approximately $474,000.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in Schwab U.S. Large-Cap Value ETF by 3.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 16,686,727 shares of the company’s stock worth $485,751,000 after purchasing an additional 518,827 shares in the last quarter. SGL Investment Advisors Inc. grew its holdings in Schwab U.S. Large-Cap Value ETF by 38.1% during the 3rd quarter. SGL Investment Advisors Inc. now owns 14,367 shares of the company’s stock valued at $414,000 after buying an additional 3,964 shares in the last quarter. Marshall Financial Group Inc. ADV grew its holdings in Schwab U.S. Large-Cap Value ETF by 3.0% during the 3rd quarter. Marshall Financial Group Inc. ADV now owns 1,081,761 shares of the company’s stock valued at $31,490,000 after buying an additional 31,043 shares in the last quarter. Brown Wealth Management LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 1.0% during the third quarter. Brown Wealth Management LLC now owns 153,127 shares of the company’s stock valued at $4,458,000 after buying an additional 1,560 shares during the period. Finally, Murphy Middleton Hinkle & Parker Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 15.9% in the third quarter. Murphy Middleton Hinkle & Parker Inc. now owns 306,126 shares of the company’s stock worth $8,911,000 after buying an additional 41,910 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 0.4%

SCHV stock opened at $31.49 on Wednesday. The firm has a 50 day moving average of $30.16 and a 200-day moving average of $29.23. The firm has a market capitalization of $15.13 billion, a P/E ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $31.61.

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. 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.