Waverly Advisors LLC Takes $4.90 Million Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Waverly Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 64,471 shares of the company’s stock, valued at approximately $4,899,000.

Several other large investors also recently made changes to their positions in the stock. Sei Investments Co. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 5.5% in the 1st quarter. Sei Investments Co. now owns 10,946,307 shares of the company’s stock valued at $831,701,000 after buying an additional 567,607 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 6.9% in the 4th quarter. Mather Group LLC. now owns 10,542,762 shares of the company’s stock valued at $739,048,000 after buying an additional 680,703 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,853,373 shares of the company’s stock valued at $270,121,000 after buying an additional 31,577 shares during the last quarter. Gemmer Asset Management LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 1.5% during the 1st quarter. Gemmer Asset Management LLC now owns 1,286,125 shares of the company’s stock valued at $97,720,000 after purchasing an additional 19,410 shares during the last quarter. Finally, Rainey & Randall Investment Management Inc. lifted its holdings in Schwab U.S. Large-Cap Value ETF by 1.9% during the 1st quarter. Rainey & Randall Investment Management Inc. now owns 893,401 shares of the company’s stock valued at $67,881,000 after purchasing an additional 16,532 shares during the last quarter.

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

Schwab U.S. Large-Cap Value ETF stock traded up $0.03 during mid-day trading on Tuesday, hitting $76.83. 193,910 shares of the company’s stock traded hands, compared to its average volume of 384,162. The firm has a 50 day simple moving average of $74.90 and a two-hundred day simple moving average of $73.59. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $60.99 and a fifty-two week high of $77.77. The stock has a market cap of $11.09 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77.

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.