Retireful LLC Purchases New Position in Schwab U.S. Large-Cap Value ETF $SCHV

Retireful LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 17,760 shares of the company’s stock, valued at approximately $618,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Valpey Financial Services LLC grew its holdings in Schwab U.S. Large-Cap Value ETF by 2,913.4% during the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock worth $185,099,000 after buying an additional 6,043,804 shares in the last quarter. World Investment Advisors lifted its stake in Schwab U.S. Large-Cap Value ETF by 628.0% during the 4th quarter. World Investment Advisors now owns 980,974 shares of the company’s stock valued at $28,503,000 after acquiring an additional 846,224 shares in the last quarter. Argos Wealth Advisors LLC bought a new position in Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at $884,000. RFG Advisory LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 207.2% during the 4th quarter. RFG Advisory LLC now owns 53,509 shares of the company’s stock worth $1,584,000 after acquiring an additional 36,092 shares during the last quarter. Finally, Summit Wealth Group LLC Co. purchased a new position in Schwab U.S. Large-Cap Value ETF during the 4th quarter worth $599,000.

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

NYSEARCA SCHV opened at $34.52 on Thursday. The company has a fifty day moving average price of $34.53 and a 200-day moving average price of $33.07. The firm has a market cap of $15.94 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 1 year low of $28.29 and a 1 year high of $35.49.

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

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors 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 boost from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14. 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.