Sax Wealth Advisors LLC Increases Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Sax Wealth Advisors LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 170.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,568 shares of the company’s stock after purchasing an additional 110,698 shares during the period. Sax Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $6,112,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHV. Center for Financial Planning Inc. increased its position in shares of Schwab U.S. Large-Cap Value ETF by 1.8% during the 1st quarter. Center for Financial Planning Inc. now owns 19,879 shares of the company’s stock valued at $606,000 after purchasing an additional 346 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.9% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 9,403 shares of the company’s stock worth $278,000 after buying an additional 355 shares during the last quarter. Haverford Trust Co boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.9% in the 4th quarter. Haverford Trust Co now owns 41,083 shares of the company’s stock worth $1,216,000 after buying an additional 372 shares during the last quarter. NewEdge Advisors LLC grew its position in Schwab U.S. Large-Cap Value ETF by 0.3% during the first quarter. NewEdge Advisors LLC now owns 150,725 shares of the company’s stock valued at $4,597,000 after buying an additional 382 shares during the period. Finally, Root Financial Partners LLC grew its position in Schwab U.S. Large-Cap Value ETF by 11.9% during the first quarter. Root Financial Partners LLC now owns 3,668 shares of the company’s stock valued at $112,000 after buying an additional 389 shares during the period.

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

NYSEARCA SCHV opened at $34.86 on Friday. The company 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 52-week low of $27.89 and a 52-week high of $35.07. The company has a 50-day simple moving average of $34.28 and a 200 day simple moving average of $32.61.

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 paid a dividend of $0.1566 per share. This represents a $0.63 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Wednesday, June 24th. This is an increase from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14.

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.