Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Short Interest Up 73.3% in July

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 433,737 shares, an increase of 73.3% from the July 15th total of 250,339 shares. Based on an average daily volume of 3,603,490 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Schwab U.S. Large-Cap Value ETF Trading Down 0.1%

Shares of Schwab U.S. Large-Cap Value ETF stock traded down $0.05 during mid-day trading on Monday, reaching $35.32. 3,199,473 shares of the stock were exchanged, compared to its average volume of 4,060,058. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $28.22 and a fifty-two week high of $35.49. The company has a market cap of $16.31 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. The firm has a 50-day simple moving average of $34.40 and a 200 day simple moving average of $32.78.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Wednesday, June 24th were issued a dividend of $0.1566 per share. The ex-dividend date of this dividend was Wednesday, June 24th. This is a positive change 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%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SCHV. JPL Wealth Management LLC bought a new position in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $27,000. Ascentis Independent Advisors bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the first quarter worth $32,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at $38,000. Finally, Strategic Wealth Advisors LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 95.6% in the first quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after buying an additional 746 shares in the last quarter.

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.