Stillwater Private Wealth LLC Makes New Investment in Schwab U.S. Large-Cap Value ETF $SCHV

Stillwater Private Wealth LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 102,103 shares of the company’s stock, valued at approximately $3,114,000. Schwab U.S. Large-Cap Value ETF accounts for approximately 2.6% of Stillwater Private Wealth LLC’s portfolio, making the stock its 11th biggest position.

Several other hedge funds have also modified their holdings of the stock. JPL Wealth Management LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the third quarter valued at $26,000. Laurel Wealth Advisors LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the 4th quarter worth $27,000. Ascentis Independent Advisors purchased a new stake in Schwab U.S. Large-Cap Value ETF during the 1st quarter worth about $32,000. IFC & Insurance Marketing Inc. purchased a new stake in Schwab U.S. Large-Cap Value ETF during the 4th quarter worth about $38,000. Finally, Strategic Wealth Advisors LLC raised its position in Schwab U.S. Large-Cap Value ETF by 95.6% in the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after purchasing an additional 746 shares in the last quarter.

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

SCHV stock opened at $34.07 on Friday. The business’s 50-day moving average is $34.16 and its two-hundred day moving average is $32.48. The firm has a market capitalization of $15.73 billion, a P/E ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a 1 year low of $27.39 and a 1 year high of $35.05.

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

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