Schwab U.S. Large-Cap Value ETF $SCHV Shares Purchased by Veery Capital LLC

Veery Capital LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,196,106 shares of the company’s stock after acquiring an additional 27,699 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up approximately 11.2% of Veery Capital LLC’s holdings, making the stock its 2nd biggest position. Veery Capital LLC owned approximately 0.26% of Schwab U.S. Large-Cap Value ETF worth $41,636,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BCS Wealth Management grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 84.6% in the 4th quarter. BCS Wealth Management now owns 131,958 shares of the company’s stock valued at $3,907,000 after acquiring an additional 60,489 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 27.3% during the fourth quarter. Farther Finance Advisors LLC now owns 507,880 shares of the company’s stock worth $15,038,000 after acquiring an additional 108,980 shares in the last quarter. CWM LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 180.2% during the fourth quarter. CWM LLC now owns 387,372 shares of the company’s stock worth $11,470,000 after acquiring an additional 249,130 shares in the last quarter. Assetmark Inc. boosted its position in Schwab U.S. Large-Cap Value ETF by 62.4% during the fourth quarter. Assetmark Inc. now owns 82,518 shares of the company’s stock valued at $2,443,000 after purchasing an additional 31,695 shares during the last quarter. Finally, Valpey Financial Services LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 2,913.4% during the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after purchasing an additional 6,043,804 shares during the last quarter.

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

SCHV stock opened at $34.86 on Monday. The business has a 50 day moving average price of $34.28 and a two-hundred day moving average price of $32.63. The company has a market cap of $16.09 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a twelve month low of $27.89 and a twelve month high of $35.07.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Wednesday, June 24th were issued a $0.1566 dividend. This represents a $0.63 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th. This is a boost from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14.

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. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.