Merriman Wealth Management LLC Increases Stock Position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Merriman Wealth Management LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 512.4% in the second quarter, HoldingsChannel reports. The fund owned 136,997 shares of the company’s stock after purchasing an additional 114,626 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up 1.5% of Merriman Wealth Management LLC’s portfolio, making the stock its 20th largest position. Merriman Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $7,746,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCHV. Financial Engines Advisors L.L.C. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 11.5% during the first quarter. Financial Engines Advisors L.L.C. now owns 17,117,591 shares of the company’s stock valued at $937,023,000 after acquiring an additional 1,761,826 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Schwab U.S. Large-Cap Value ETF in the first quarter worth approximately $15,653,000. Appleton Group LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the first quarter worth approximately $10,432,000. Colton Groome Financial Advisors LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the second quarter worth approximately $10,324,000. Finally, Gladstone Institutional Advisory LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the first quarter worth approximately $9,780,000.

Shares of NYSEARCA:SCHV traded up $0.68 during trading on Tuesday, hitting $55.34. 17,908 shares of the company were exchanged, compared to its average volume of 591,469. Schwab U.S. Large-Cap Value ETF has a 12-month low of $46.25 and a 12-month high of $57.53. The company has a 50 day moving average of $56.40.



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.

Featured Story: Why do corrections happen?

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)

Receive News & Ratings for Schwab U.S. Large-Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Large-Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.