Bridges Investment Management Inc. Has $407,000 Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Bridges Investment Management Inc. increased its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 184.7% in the fourth quarter, HoldingsChannel reports. The firm owned 15,600 shares of the company’s stock after purchasing an additional 10,120 shares during the period. Bridges Investment Management Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $407,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Tidemark LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $32,000. Cedar Wealth Management LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 1.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 35,128 shares of the company’s stock worth $2,823,000 after purchasing an additional 436 shares in the last quarter. Joseph Group Capital Management increased its position in Schwab U.S. Large-Cap Value ETF by 1.6% in the 3rd quarter. Joseph Group Capital Management now owns 29,726 shares of the company’s stock valued at $2,389,000 after acquiring an additional 476 shares in the last quarter. ETF Store Inc. raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.7% in the third quarter. ETF Store Inc. now owns 13,577 shares of the company’s stock worth $1,091,000 after acquiring an additional 479 shares during the last quarter. Finally, Schaeffer Financial LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 1.5% during the third quarter. Schaeffer Financial LLC now owns 36,900 shares of the company’s stock worth $2,966,000 after purchasing an additional 563 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.8 %

Shares of SCHV stock opened at $27.31 on Tuesday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.84 and a 1 year high of $28.19. The firm’s 50 day moving average is $26.85 and its 200-day moving average is $26.81. The firm has a market capitalization of $12.24 billion, a price-to-earnings ratio of 19.93 and a beta of 0.96.

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.