Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Bought by Brookstone Capital Management

Brookstone Capital Management recently increased its position in the Schwab U.S. Large-Cap Value ETF by 4.4% during the first quarter, according to its latest Form 13F filing with the SEC. The firm now owns 20,681 shares of the company’s stock, valued at $1,571,000 at the end of the quarter. Other institutional investors like Mather Group LLC, Sei Investments Co., Envestnet Asset Management Inc., Gemmer Asset Management LLC, and Financial Advisors LLC have also made adjustments to their holdings in the company.

Schwab U.S. Large-Cap Value ETF stock saw a 0.0% increase, opening at $74.08 on Friday. With a market capitalization of $10.70 billion, a price-to-earnings ratio of 17.88, and a beta of 0.77, the stock has a 52-week low of $60.99 and a high of $76.13. The 50-day moving average price is $74.30, while the 200-day moving average price is $72.69.

The goal of the Schwab U.S. Large-Cap Value ETF is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index. This index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index.

DailyBubble’s perspective on this news is that the increase in positions by institutional investors like Brookstone Capital Management reflects growing confidence in the Schwab U.S. Large-Cap Value ETF. The stability and performance of the stock, as indicated by the recent price movements, make it an attractive option for investors looking for exposure to large-cap value companies in the U.S.