Dravo Bay LLC Acquires 2,895 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Dravo Bay LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 4.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 68,026 shares of the company’s stock after purchasing an additional 2,895 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 2.8% of Dravo Bay LLC’s portfolio, making the stock its 11th biggest holding. Dravo Bay LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $5,039,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Advisors Network Inc. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 7.5% in the 4th quarter. Financial Advisors Network Inc. now owns 251,682 shares of the company’s stock worth $17,643,000 after acquiring an additional 17,626 shares in the last quarter. Sculati Wealth Management LLC grew its position in Schwab U.S. Large-Cap Value ETF by 1.5% in the 4th quarter. Sculati Wealth Management LLC now owns 61,934 shares of the company’s stock worth $4,342,000 after purchasing an additional 904 shares in the last quarter. Condor Capital Management increased its stake in Schwab U.S. Large-Cap Value ETF by 29.2% in the 4th quarter. Condor Capital Management now owns 20,477 shares of the company’s stock valued at $1,435,000 after buying an additional 4,627 shares during the last quarter. Sachetta LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at about $775,000. Finally, Vawter Financial Ltd. lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 50.4% during the 4th quarter. Vawter Financial Ltd. now owns 6,016 shares of the company’s stock worth $422,000 after buying an additional 2,016 shares in the last quarter.

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

Shares of SCHV opened at $79.40 on Tuesday. The stock has a 50 day moving average of $76.86 and a 200 day moving average of $75.12. The company has a market capitalization of $11.47 billion, a price-to-earnings ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 12 month low of $60.99 and a 12 month high of $79.59.

Schwab U.S. Large-Cap Value ETF Company 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.