SageView Advisory Group LLC Acquires 12,388 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

SageView Advisory Group LLC raised its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 276.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,876 shares of the company’s stock after buying an additional 12,388 shares during the period. SageView Advisory Group LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Copley Financial Group Inc. purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $57,000. Denver PWM LLC raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.6% in the third quarter. Denver PWM LLC now owns 230,667 shares of the company’s stock valued at $18,539,000 after purchasing an additional 3,607 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Schwab U.S. Large-Cap Value ETF by 38.4% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 4,310 shares of the company’s stock valued at $346,000 after purchasing an additional 1,195 shares during the last quarter. Destination Wealth Management bought a new position in shares of Schwab U.S. Large-Cap Value ETF during the third quarter valued at about $278,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 199.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 29,522 shares of the company’s stock worth $770,000 after purchasing an additional 19,663 shares during the last quarter.

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

NYSEARCA:SCHV opened at $25.03 on Wednesday. Schwab U.S. Large-Cap Value ETF has a 52 week low of $23.08 and a 52 week high of $28.19. The firm has a 50-day moving average price of $26.40 and a two-hundred day moving average price of $26.73. The firm has a market cap of $11.18 billion, a price-to-earnings ratio of 19.30 and a beta of 0.89.

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

The firm also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given 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.