Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Short Interest Update

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 433,737 shares, an increase of 73.3% from the July 15th total of 250,339 shares. Based on an average daily volume of 3,603,490 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Center for Financial Planning Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.8% during the 1st quarter. Center for Financial Planning Inc. now owns 19,879 shares of the company’s stock valued at $606,000 after acquiring an additional 346 shares in the last quarter. Haverford Trust Co increased its holdings in Schwab U.S. Large-Cap Value ETF by 0.9% in the 4th quarter. Haverford Trust Co now owns 41,083 shares of the company’s stock worth $1,216,000 after purchasing an additional 372 shares in the last quarter. NewEdge Advisors LLC raised its position in Schwab U.S. Large-Cap Value ETF by 0.3% in the first quarter. NewEdge Advisors LLC now owns 150,725 shares of the company’s stock valued at $4,597,000 after purchasing an additional 382 shares during the last quarter. Root Financial Partners LLC raised its position in Schwab U.S. Large-Cap Value ETF by 11.9% in the first quarter. Root Financial Partners LLC now owns 3,668 shares of the company’s stock valued at $112,000 after purchasing an additional 389 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in Schwab U.S. Large-Cap Value ETF by 0.9% in the first quarter. Chicago Partners Investment Group LLC now owns 44,234 shares of the company’s stock valued at $1,412,000 after purchasing an additional 390 shares during the last quarter.

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

Shares of Schwab U.S. Large-Cap Value ETF stock traded down $0.26 during midday trading on Tuesday, hitting $35.06. 534,811 shares of the company traded hands, compared to its average volume of 4,037,156. The firm’s fifty day moving average price is $34.44 and its 200-day moving average price is $32.81. The stock has a market cap of $16.19 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 12 month low of $28.28 and a 12 month high of $35.49.

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

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

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. 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.