GenWealth Group Inc. Sells 21,847 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

GenWealth Group Inc. decreased its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVFree Report) by 1.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,681,637 shares of the company’s stock after selling 21,847 shares during the period. Schwab U.S. Large-Cap Value ETF makes up approximately 9.1% of GenWealth Group Inc.’s holdings, making the stock its biggest position. GenWealth Group Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $58,538,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Avantax Planning Partners Inc. grew its holdings in Schwab U.S. Large-Cap Value ETF by 0.3% during the 1st quarter. Avantax Planning Partners Inc. now owns 10,217,486 shares of the company’s stock worth $311,633,000 after acquiring an additional 29,579 shares during the period. Mariner LLC lifted its stake 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 valued at $269,542,000 after purchasing an additional 329,550 shares during the period. Vantagepoint Investment Advisers LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 0.8% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 8,516,803 shares of the company’s stock valued at $252,183,000 after purchasing an additional 66,800 shares in the last quarter. Valpey Financial Services LLC boosted its position in shares of 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 in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of 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 in the last quarter.

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

NYSEARCA SCHV opened at $34.91 on Wednesday. The stock has a market capitalization of $16.12 billion, a P/E ratio of 19.08 and a beta of 0.83. The business has a 50 day simple moving average of $34.32 and a 200 day simple moving average of $32.68. Schwab U.S. Large-Cap Value ETF has a one year low of $28.01 and a one year high of $35.07.

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

The business also recently disclosed 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 a positive change from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $0.63 annualized dividend and a dividend yield of 1.8%.

About Schwab U.S. Large-Cap Value ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

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