Renaissance Technologies LLC Cuts Stake in Schwab U.S. Large-Cap Value ETF $SCHV

Renaissance Technologies LLC lowered its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 58.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,800 shares of the company’s stock after selling 27,800 shares during the quarter. Renaissance Technologies LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $604,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Center for Financial Planning Inc. raised its position in Schwab U.S. Large-Cap Value ETF by 1.8% in the first quarter. Center for Financial Planning Inc. now owns 19,879 shares of the company’s stock worth $606,000 after acquiring an additional 346 shares during the period. Haverford Trust Co grew its position in shares of Schwab U.S. Large-Cap Value ETF by 0.9% during the 4th quarter. Haverford Trust Co now owns 41,083 shares of the company’s stock valued at $1,216,000 after acquiring an additional 372 shares during the period. Root Financial Partners LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 11.9% during the 1st quarter. Root Financial Partners LLC now owns 3,668 shares of the company’s stock valued at $112,000 after acquiring an additional 389 shares during the period. Chicago Partners Investment Group LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 0.9% during the 1st quarter. Chicago Partners Investment Group LLC now owns 44,234 shares of the company’s stock worth $1,412,000 after purchasing an additional 390 shares during the last quarter. Finally, Everett Harris & Co. CA increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.5% during the 4th quarter. Everett Harris & Co. CA now owns 26,394 shares of the company’s stock worth $782,000 after purchasing an additional 400 shares during the last quarter.

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

NYSEARCA:SCHV opened at $35.37 on Monday. The stock has a market capitalization of $16.33 billion, a PE ratio of 19.08 and a beta of 0.83. The firm’s 50 day moving average is $34.40 and its 200 day moving average is $32.78. Schwab U.S. Large-Cap Value ETF has a 12 month low of $28.22 and a 12 month high of $35.44.

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

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