Schwab U.S. Large-Cap Value ETF $SCHV Stake Lowered by Gill Capital Partners LLC

Gill Capital Partners LLC reduced its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVFree Report) by 4.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 368,785 shares of the company’s stock after selling 16,661 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 3.4% of Gill Capital Partners LLC’s portfolio, making the stock its 8th biggest position. Gill Capital Partners LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $12,837,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Valpey Financial Services LLC increased 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. Wellington Management Group LLP purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth approximately $68,742,000. TSG Advice Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 1st quarter worth approximately $30,871,000. World Investment Advisors boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 101.6% during the first quarter. World Investment Advisors now owns 1,977,398 shares of the company’s stock valued at $60,311,000 after purchasing an additional 996,424 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in shares of Schwab U.S. Large-Cap Value ETF by 922.2% during the fourth quarter. Global Retirement Partners LLC now owns 875,261 shares of the company’s stock valued at $25,916,000 after purchasing an additional 789,636 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Stock Down 0.3%

Shares of SCHV stock opened at $34.51 on Tuesday. The firm has a market cap of $15.93 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52-week low of $28.29 and a 52-week high of $35.49. The company’s 50 day moving average is $34.53 and its 200 day moving average is $33.04.

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

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

Schwab U.S. Large-Cap Value ETF Company Profile

(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.

Featured Articles

Want to see what other hedge funds are holding SCHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVFree Report).

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

Receive News & Ratings for Schwab U.S. Large-Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Large-Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.