Schwab U.S. Large-Cap Value ETF $SCHV Shares Sold by FAS Wealth Partners Inc.

FAS Wealth Partners Inc. reduced its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,068,633 shares of the company’s stock after selling 31,512 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up 2.0% of FAS Wealth Partners Inc.’s portfolio, making the stock its 11th biggest position. FAS Wealth Partners Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $32,593,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPL Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at about $26,000. Laurel Wealth Advisors LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $27,000. Ascentis Independent Advisors bought a new position in Schwab U.S. Large-Cap Value ETF in the first quarter worth about $32,000. IFC & Insurance Marketing Inc. acquired a new position in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $38,000. Finally, Strategic Wealth Advisors LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 95.6% in the first quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after acquiring an additional 746 shares during the period.

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

NYSEARCA:SCHV opened at $34.07 on Monday. The firm has a market capitalization of $15.73 billion, a PE ratio of 19.08 and a beta of 0.82. The stock has a 50 day moving average of $34.16 and a 200-day moving average of $32.49. Schwab U.S. Large-Cap Value ETF has a 52 week low of $27.39 and a 52 week high of $35.05.

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

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

Schwab U.S. Large-Cap Value ETF 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.