Beaumont Financial Advisors LLC Reduces Holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Beaumont Financial Advisors LLC trimmed its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 30.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,407 shares of the company’s stock after selling 6,846 shares during the period. Beaumont Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $1,080,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHV. Ironwood Wealth Management LLC. grew its position in Schwab U.S. Large-Cap Value ETF by 15.2% during the 1st quarter. Ironwood Wealth Management LLC. now owns 7,557 shares of the company’s stock worth $539,000 after purchasing an additional 997 shares during the last quarter. JPMorgan Chase & Co. grew its position in Schwab U.S. Large-Cap Value ETF by 57.5% during the 1st quarter. JPMorgan Chase & Co. now owns 2,483 shares of the company’s stock worth $178,000 after purchasing an additional 906 shares during the last quarter. Bank of New York Mellon Corp grew its position in Schwab U.S. Large-Cap Value ETF by 13.3% during the 1st quarter. Bank of New York Mellon Corp now owns 9,087 shares of the company’s stock worth $649,000 after purchasing an additional 1,066 shares during the last quarter. Citigroup Inc. grew its position in Schwab U.S. Large-Cap Value ETF by 472.8% during the 1st quarter. Citigroup Inc. now owns 1,031 shares of the company’s stock worth $74,000 after purchasing an additional 851 shares during the last quarter. Finally, Bank of Montreal Can grew its position in Schwab U.S. Large-Cap Value ETF by 2.8% during the 1st quarter. Bank of Montreal Can now owns 15,020 shares of the company’s stock worth $1,089,000 after purchasing an additional 416 shares during the last quarter.

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

Shares of Schwab U.S. Large-Cap Value ETF stock opened at $72.30 on Friday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $60.99 and a 1 year high of $76.13. The company has a market capitalization of $10.45 billion, a P/E ratio of 17.89 and a beta of 0.77. The company’s fifty day moving average is $73.50 and its two-hundred day moving average is $69.34.

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.