Friday Financial Has $13.33 Million Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Friday Financial increased its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 23.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 388,248 shares of the company’s stock after acquiring an additional 73,888 shares during the quarter. Schwab U.S. Large-Cap Value ETF makes up approximately 3.6% of Friday Financial’s holdings, making the stock its 7th biggest holding. Friday Financial owned 0.08% of Schwab U.S. Large-Cap Value ETF worth $13,329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Avantax Planning Partners Inc. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.3% during the first quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock valued at $311,633,000 after purchasing an additional 29,579 shares during the last quarter. Mariner LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.8% in the 4th quarter. Mariner LLC now owns 9,103,028 shares of the company’s stock worth $269,542,000 after purchasing an additional 329,550 shares during the last quarter. Vantagepoint Investment Advisers LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.8% in the 4th quarter. Vantagepoint Investment Advisers LLC now owns 8,516,803 shares of the company’s stock worth $252,183,000 after purchasing an additional 66,800 shares during the last quarter. Valpey Financial Services LLC boosted its position in Schwab U.S. Large-Cap Value ETF by 2,913.4% during the 4th quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after purchasing an additional 6,043,804 shares during the period. Finally, Cetera Investment Advisers boosted its position in Schwab U.S. Large-Cap Value ETF by 20.5% during the 4th quarter. Cetera Investment Advisers now owns 3,614,316 shares of the company’s stock valued at $107,020,000 after purchasing an additional 615,249 shares during the period.

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

Shares of NYSEARCA SCHV opened at $34.86 on Monday. The firm has a market capitalization of $16.09 billion, a PE ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 1-year low of $27.89 and a 1-year high of $35.07. The business’s fifty day moving average price is $34.28 and its two-hundred day moving average price is $32.63.

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

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Wednesday, June 24th were given a dividend of $0.1566 per share. This is an increase from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14. This represents a $0.63 annualized dividend and a dividend yield of 1.8%. 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.