Renaissance Technologies LLC Sells 27,800 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Renaissance Technologies LLC cut its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 58.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 19,800 shares of the company’s stock after selling 27,800 shares during the quarter. Renaissance Technologies LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $604,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHV. JPL Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the third quarter worth about $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at approximately $32,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at approximately $38,000. Finally, Strategic Wealth Advisors LLC boosted its holdings in Schwab U.S. Large-Cap Value ETF by 95.6% in the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock worth $46,000 after buying an additional 746 shares during the period.

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

SCHV opened at $35.37 on Monday. Schwab U.S. Large-Cap Value ETF has a 12 month low of $28.22 and a 12 month high of $35.44. The company has a market cap of $16.33 billion, a PE ratio of 19.08 and a beta of 0.83. The company has a 50 day moving average of $34.40 and a 200 day moving average of $32.78.

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 given 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. This represents a $0.63 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Wednesday, June 24th.

About Schwab U.S. Large-Cap Value ETF

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.