Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Shares Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN grew its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 198.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,031,691 shares of the company’s stock after acquiring an additional 686,524 shares during the quarter. Wells Fargo & Company MN’s holdings in Schwab U.S. Large-Cap Value ETF were worth $26,896,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Hollencrest Capital Management lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the fourth quarter. Hollencrest Capital Management now owns 996 shares of the company’s stock valued at $26,000 after buying an additional 664 shares during the period. First PREMIER Bank lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. First PREMIER Bank now owns 1,035 shares of the company’s stock worth $27,000 after purchasing an additional 690 shares during the period. Jackson Hole Capital Partners LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 1,170 shares of the company’s stock worth $31,000 after purchasing an additional 780 shares during the last quarter. Tidemark LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. Tidemark LLC now owns 1,200 shares of the company’s stock valued at $31,000 after purchasing an additional 800 shares during the period. Finally, Olistico Wealth LLC increased its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the fourth quarter. Olistico Wealth LLC now owns 1,236 shares of the company’s stock valued at $32,000 after purchasing an additional 824 shares during the last quarter.

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

Shares of SCHV stock opened at $24.83 on Friday. The firm has a market capitalization of $11.09 billion, a price-to-earnings ratio of 19.30 and a beta of 0.89. Schwab U.S. Large-Cap Value ETF has a one year low of $23.08 and a one year high of $28.19. The company has a 50 day moving average price of $26.48 and a 200 day moving average price of $26.76.

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

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.1412 dividend. The ex-dividend date was Wednesday, March 26th.

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.