Schwab U.S. Large-Cap Value ETF $SCHV Stock Holdings Increased by Royal Bank of Canada

Royal Bank of Canada boosted its holdings in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 7.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 753,271 shares of the company’s stock after buying an additional 50,817 shares during the quarter. Royal Bank of Canada owned 0.16% of Schwab U.S. Large-Cap Value ETF worth $22,975,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 282.6% in the 4th quarter. Brighton Jones LLC now owns 28,473 shares of the company’s stock worth $742,000 after acquiring an additional 21,031 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 200.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 20,879 shares of the company’s stock valued at $544,000 after purchasing an additional 13,925 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 179.6% during the first quarter. AQR Capital Management LLC now owns 35,409 shares of the company’s stock valued at $941,000 after purchasing an additional 22,744 shares during the last quarter. Brown Advisory Inc. boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 27.4% in the 2nd quarter. Brown Advisory Inc. now owns 12,952 shares of the company’s stock valued at $358,000 after purchasing an additional 2,787 shares during the period. Finally, Qube Research & Technologies Ltd boosted its position in shares of Schwab U.S. Large-Cap Value ETF by 2,712.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 12,542 shares of the company’s stock valued at $347,000 after purchasing an additional 12,096 shares during the period.

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

Schwab U.S. Large-Cap Value ETF stock opened at $34.83 on Thursday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $27.74 and a fifty-two week high of $35.07. The firm’s 50 day simple moving average is $34.23 and its 200-day simple moving average is $32.57. The company has a market cap of $16.08 billion, a P/E ratio of 19.08 and a beta of 0.83.

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

The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Wednesday, June 24th were paid 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. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $0.63 dividend on an annualized basis and a dividend 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.