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

Western Wealth Management LLC bought a new stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 22,946 shares of the company’s stock, valued at approximately $700,000.

Several other institutional investors also recently made changes to their positions in the stock. JPL Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at about $26,000. Laurel Wealth Advisors LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the fourth quarter worth about $27,000. Ascentis Independent Advisors purchased a new position in Schwab U.S. Large-Cap Value ETF in the first quarter valued at about $32,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at approximately $38,000. Finally, Strategic Wealth Advisors LLC lifted 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 valued at $46,000 after acquiring an additional 746 shares during the period.

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

Shares of NYSEARCA:SCHV opened at $34.28 on Tuesday. The firm has a market capitalization of $15.83 billion, a price-to-earnings ratio of 19.08 and a beta of 0.82. The business’s 50 day simple moving average is $34.17 and its 200-day simple moving average is $32.51. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.68 and a 12 month high of $35.05.

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

The company also recently disclosed 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 is a boost 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%. The ex-dividend date of this dividend 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.