SteelPeak Wealth 13F: New $13M Stake in SCHV
SteelPeak Wealth has opened a significant new position in SCHV, acquiring over 378,000 shares valued at nearly $12.6 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
SteelPeak Wealth opened a new position of 378,051 shares in Schwab U.S. Large-Cap Value ETF ($SCHV), according to a 13F filing with the SEC dated October 16, 2026. It reported 378,051 shares worth $12.59 million at the end of the quarter.
Find the original: SteelPeak Wealth 13F filings on SEC EDGAR
SCHV
Schwab U.S. Large-Cap Value ETF
Key Points
- SteelPeak Wealth took a new position in Schwab U.S. Large-Cap Value ETF, buying 378,051 shares worth about $12.6 million.
- As of October 16, 2026, SCHV shares traded around $34.15, which is below the 50-day moving average but above the 200-day average.
- The ETF has a P/E ratio of 20.17 and a dividend yield of 1.88%, indicating its value-oriented investment strategy.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Schwab U.S. Large-Cap Value ETF alert may contain errors. Disclosures
SteelPeak Wealth disclosed in a filing on October 16, 2026, that it has taken a new position in Schwab U.S. Large-Cap Value ETF (SCHV) by purchasing 378,051 shares valued at approximately $12.6 million. This marks a significant investment as the fund had no prior holdings in SCHV.
What Changed in SteelPeak Wealth's Schwab U.S. Large-Cap Value ETF Position
SteelPeak Wealth opened a new position, acquiring 378,051 shares. This purchase is notable as it reflects the fund's strategy to invest in large-cap value stocks, aligning with SCHV's investment focus.
Schwab U.S. Large-Cap Value ETF Stock Holds Steady
SCHV shares were recently trading around $34.15. This price is below the 50-day moving average of $34.35 but above the 200-day average of $32.88. The ETF is currently about 3.8% below its 52-week high of $35.49 and 20.7% above its 52-week low of $28.29, showing a relatively stable performance over the past year.
About Schwab U.S. Large-Cap Value ETF
Schwab U.S. Large-Cap Value ETF aims to invest in stocks included in the Dow Jones U.S. Large-Cap Value Total Stock Market Index. This index covers large-cap value stocks based on market capitalization and various valuation factors. Given the emphasis on value investing, SteelPeak's new stake suggests a bullish outlook on this segment of the market.
Bottom Line
SteelPeak Wealth's new position in SCHV is a significant move that reflects its investment strategy. Investors should keep an eye out for future filings and market reactions, as the firm's investment decisions may signal trends in the value stock sector. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.
Related Filing Alerts
Source: SteelPeak Wealth's 13F filing on $SCHV (Oct 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: SteelPeak Wealth 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts