Raymond James Financial Services Advisors Inc. Buys New Stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Raymond James Financial Services Advisors Inc. bought a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the first quarter, Holdings Channel reports. The institutional investor bought 12,296 shares of the company’s stock, valued at approximately $673,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Betterment LLC raised its position in Schwab U.S. Large-Cap Value ETF by 4,224.8% in the fourth quarter. Betterment LLC now owns 1,533,572 shares of the company’s stock valued at $75,590,000 after purchasing an additional 1,498,112 shares during the last quarter. Foster Victor Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at $17,733,000. Bank of America Corp DE raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 13.5% in the fourth quarter. Bank of America Corp DE now owns 2,578,075 shares of the company’s stock valued at $127,073,000 after buying an additional 305,954 shares during the period. Glassman Wealth Services bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at $14,331,000. Finally, PagnatoKarp Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at $14,237,000.

Shares of SCHV traded up $0.06 during mid-day trading on Wednesday, hitting $55.57. The stock had a trading volume of 365,615 shares, compared to its average volume of 677,466. Schwab U.S. Large-Cap Value ETF has a 52 week low of $46.25 and a 52 week high of $57.52.

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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.

Further Reading: How Do Mutual Funds Work?

Want to see what other hedge funds are holding SCHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV).

Institutional Ownership by Quarter for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

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