Spectrum Asset Management Inc. NB CA Has $15.19 Million Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Spectrum Asset Management Inc. NB CA grew its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 194.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 582,529 shares of the company’s stock after acquiring an additional 384,367 shares during the period. Schwab U.S. Large-Cap Value ETF comprises approximately 6.8% of Spectrum Asset Management Inc. NB CA’s portfolio, making the stock its biggest holding. Spectrum Asset Management Inc. NB CA’s holdings in Schwab U.S. Large-Cap Value ETF were worth $15,187,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SCHV. First PREMIER Bank raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. First PREMIER Bank now owns 1,035 shares of the company’s stock valued at $27,000 after acquiring an additional 690 shares during the period. Tidemark LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $32,000. Olistico Wealth LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Olistico Wealth LLC now owns 1,236 shares of the company’s stock valued at $32,000 after acquiring an additional 824 shares during the period. Versant Capital Management Inc increased its stake in Schwab U.S. Large-Cap Value ETF by 182.1% in the fourth quarter. Versant Capital Management Inc now owns 1,278 shares of the company’s stock worth $33,000 after purchasing an additional 825 shares during the period. Finally, Fortitude Family Office LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 202.0% during the fourth quarter. Fortitude Family Office LLC now owns 1,646 shares of the company’s stock valued at $43,000 after purchasing an additional 1,101 shares during the period.

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

SCHV stock opened at $27.27 on Friday. The company has a market capitalization of $3.94 billion, a PE ratio of 17.88 and a beta of 0.77. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.35 and a 12 month high of $28.19. The firm’s 50-day moving average is $26.76 and its 200 day moving average is $26.54.

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.