ProVise Management Group LLC Trims Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

ProVise Management Group LLC lessened its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,479 shares of the company’s stock after selling 13,174 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 1.1% of ProVise Management Group LLC’s holdings, making the stock its 24th biggest position. ProVise Management Group LLC owned approximately 0.13% of Schwab U.S. Large-Cap Value ETF worth $13,353,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Nadler Financial Group Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF by 47.5% in the fourth quarter. Nadler Financial Group Inc. now owns 53,910 shares of the company’s stock valued at $3,779,000 after buying an additional 17,350 shares in the last quarter. Watershed Private Wealth LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 106.0% in the 4th quarter. Watershed Private Wealth LLC now owns 21,872 shares of the company’s stock valued at $1,533,000 after acquiring an additional 11,255 shares during the period. Mokosak Advisory Group LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 2.9% during the 4th quarter. Mokosak Advisory Group LLC now owns 822,674 shares of the company’s stock worth $57,668,000 after buying an additional 23,321 shares during the period. RWA Wealth Partners LLC increased its position in shares of Schwab U.S. Large-Cap Value ETF by 184.6% in the 4th quarter. RWA Wealth Partners LLC now owns 97,919 shares of the company’s stock valued at $6,864,000 after purchasing an additional 63,511 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 14.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 96,147 shares of the company’s stock valued at $6,198,000 after purchasing an additional 12,416 shares during the last quarter.

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

Shares of NYSEARCA:SCHV traded up $0.39 during trading hours on Friday, reaching $74.62. The stock had a trading volume of 233,096 shares, compared to its average volume of 408,282. 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 moving average is $74.16 and its 200-day moving average is $71.16. The stock has a market capitalization of $10.78 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77.

Schwab U.S. Large-Cap Value ETF Profile

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.