Schwab U.S. Large-Cap Value ETF $SCHV is Meriwether Wealth & Planning LLC’s Largest Position

Meriwether Wealth & Planning LLC increased its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 671,004 shares of the company’s stock after purchasing an additional 14,978 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up 11.6% of Meriwether Wealth & Planning LLC’s investment portfolio, making the stock its largest holding. Meriwether Wealth & Planning LLC owned about 0.15% of Schwab U.S. Large-Cap Value ETF worth $23,358,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Center for Financial Planning Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF by 1.8% during the first quarter. Center for Financial Planning Inc. now owns 19,879 shares of the company’s stock valued at $606,000 after buying an additional 346 shares in the last quarter. DHJJ Financial Advisors Ltd. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 3.9% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 9,403 shares of the company’s stock worth $278,000 after acquiring an additional 355 shares in the last quarter. Haverford Trust Co increased its position in shares of Schwab U.S. Large-Cap Value ETF by 0.9% in the fourth quarter. Haverford Trust Co now owns 41,083 shares of the company’s stock worth $1,216,000 after acquiring an additional 372 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of 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 worth $4,597,000 after acquiring an additional 382 shares in the last quarter. Finally, Root Financial Partners LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 11.9% during the first 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.

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

Shares of NYSEARCA:SCHV opened at $34.70 on Friday. The company has a market cap of $16.02 billion, a PE ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52 week low of $27.74 and a 52 week high of $35.07. The firm has a 50 day simple moving average of $34.25 and a 200 day simple moving average of $32.60.

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

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Wednesday, June 24th were paid a dividend of $0.1566 per share. This is an increase 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. This represents a $0.63 annualized dividend and a yield of 1.8%.

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.