Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Purchased by Dravo Bay LLC

Dravo Bay LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 35.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,146 shares of the company’s stock after purchasing an additional 16,730 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for 3.0% of Dravo Bay LLC’s holdings, making the stock its 8th largest holding. Dravo Bay LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $4,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SRS Capital Advisors Inc. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 476.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 363 shares of the company’s stock worth $25,000 after acquiring an additional 300 shares in the last quarter. Tennessee Valley Asset Management Partners acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth about $31,000. CVA Family Office LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at approximately $32,000. Briaud Financial Planning Inc purchased a new position in Schwab U.S. Large-Cap Value ETF in the third quarter valued at about $33,000. Finally, Gradient Investments LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at approximately $35,000.

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

Shares of SCHV stock traded up $0.05 during midday trading on Wednesday, reaching $73.98. 273,320 shares of the company traded hands, compared to its average volume of 426,313. The firm has a market cap of $10.68 billion, a PE ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 1-year low of $60.99 and a 1-year high of $76.13. The firm’s 50 day simple moving average is $73.81 and its two-hundred day simple moving average is $70.22.

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.