OneDigital Investment Advisors LLC Acquires 970,836 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

OneDigital Investment Advisors LLC lifted its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 177.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,518,690 shares of the company’s stock after purchasing an additional 970,836 shares during the period. OneDigital Investment Advisors LLC owned about 1.05% of Schwab U.S. Large-Cap Value ETF worth $39,592,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHV. Financial Engines Advisors L.L.C. raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 184.2% during the fourth 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 in the last quarter. Sei Investments Co. grew 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 buying an additional 26,780,137 shares in the last quarter. Mather Group LLC. increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 197.4% during the fourth quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock valued at $833,237,000 after buying an additional 21,215,739 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 228.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,926,683 shares of the company’s stock valued at $415,209,000 after acquiring an additional 11,074,601 shares in the last quarter. Finally, Avantax Planning Partners Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF by 200.2% in the fourth quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock worth $258,819,000 after acquiring an additional 6,621,242 shares during the period.

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

NYSEARCA SCHV opened at $24.99 on Monday. Schwab U.S. Large-Cap Value ETF has a one year low of $23.08 and a one year high of $28.19. The company has a market capitalization of $11.28 billion, a price-to-earnings ratio of 18.92 and a beta of 0.89. The company’s 50-day simple moving average is $26.26 and its two-hundred day simple moving average is $26.70.

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

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

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.