Stillwater Private Wealth LLC Takes $3.11 Million Position 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) in the 1st quarter, HoldingsChannel reports. 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 about 2.6% of Stillwater Private Wealth LLC’s investment portfolio, making the stock its 11th largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 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 stake in Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at $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 boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 95.6% during the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock worth $46,000 after acquiring an additional 746 shares in the last quarter.

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

NYSEARCA:SCHV opened at $34.07 on Friday. Schwab U.S. Large-Cap Value ETF has a 1 year low of $27.39 and a 1 year high of $35.05. The stock has a market cap of $15.73 billion, a P/E ratio of 19.08 and a beta of 0.82. The stock has a 50-day simple moving average of $34.16 and a 200-day simple moving average of $32.48.

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

The firm 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 annualized dividend and a yield of 1.8%.

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.