Westbourne Investments Inc. Makes New Investment in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Westbourne Investments Inc. purchased a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 4th quarter, Holdings Channel reports. The fund purchased 32,778 shares of the company’s stock, valued at approximately $855,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. raised its holdings in Schwab U.S. Large-Cap Value ETF by 184.2% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 55,360,772 shares of the company’s stock valued at $1,443,255,000 after acquiring an additional 35,884,431 shares during the period. Sei Investments Co. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 220.7% during the 4th quarter. Sei Investments Co. now owns 38,914,600 shares of the company’s stock worth $1,014,504,000 after acquiring an additional 26,780,137 shares in the last quarter. Mather Group LLC. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 197.4% during the 4th quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock worth $833,237,000 after acquiring an additional 21,215,739 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF by 228.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,926,683 shares of the company’s stock worth $415,209,000 after purchasing an additional 11,074,601 shares in the last quarter. Finally, Avantax Planning Partners Inc. increased its holdings in Schwab U.S. Large-Cap Value ETF by 200.2% in the 4th quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock worth $258,819,000 after purchasing an additional 6,621,242 shares in the last quarter.

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

NYSEARCA SCHV opened at $25.79 on Thursday. The business’s 50-day moving average price is $25.95 and its two-hundred day moving average price is $26.62. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $28.19. The firm has a market capitalization of $11.64 billion, a PE ratio of 18.92 and a beta of 0.89.

Schwab U.S. Large-Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a $0.1412 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab U.S. Large-Cap Value ETF Company Profile

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.