Fortress Wealth Management Inc. Buys 59,201 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Fortress Wealth Management Inc. boosted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 190.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,319 shares of the company’s stock after acquiring an additional 59,201 shares during the quarter. Schwab U.S. Large-Cap Value ETF accounts for 1.1% of Fortress Wealth Management Inc.’s portfolio, making the stock its 21st largest position. Fortress Wealth Management Inc. owned approximately 0.06% of Schwab U.S. Large-Cap Value ETF worth $2,355,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock valued at $544,000 after purchasing an additional 13,925 shares during the period. Pacific Capital Wealth Advisors Inc. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 188.9% during the fourth quarter. Pacific Capital Wealth Advisors Inc. now owns 50,201 shares of the company’s stock worth $1,309,000 after buying an additional 32,822 shares in the last quarter. Fortitude Advisory Group L.L.C. raised its position in Schwab U.S. Large-Cap Value ETF by 209.1% in the 4th quarter. Fortitude Advisory Group L.L.C. now owns 24,224 shares of the company’s stock valued at $632,000 after buying an additional 16,388 shares during the last quarter. Warner Financial Inc. raised its position in Schwab U.S. Large-Cap Value ETF by 275.1% in the 4th quarter. Warner Financial Inc. now owns 128,713 shares of the company’s stock valued at $3,356,000 after buying an additional 94,399 shares during the last quarter. Finally, Joseph P. Lucia & Associates LLC lifted its stake in Schwab U.S. Large-Cap Value ETF by 200.3% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 18,017 shares of the company’s stock valued at $470,000 after acquiring an additional 12,018 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Up 0.4 %

Shares of SCHV opened at $27.31 on Tuesday. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.35 and a twelve month high of $28.19. The stock has a market capitalization of $3.94 billion, a P/E ratio of 17.88 and a beta of 0.77. The company has a 50 day moving average of $26.84 and a 200-day moving average of $26.45.

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.