Veery Capital LLC Has $41.64 Million Stake in Schwab U.S. Large-Cap Value ETF $SCHV

Veery Capital LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,196,106 shares of the company’s stock after purchasing an additional 27,699 shares during the period. Schwab U.S. Large-Cap Value ETF accounts for 11.2% of Veery Capital LLC’s portfolio, making the stock its 2nd largest holding. Veery Capital LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $41,636,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Center for Financial Planning Inc. lifted its stake in Schwab U.S. Large-Cap Value ETF by 1.8% in 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. Haverford Trust Co increased its position in Schwab U.S. Large-Cap Value ETF by 0.9% during the fourth 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 increased 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 worth $4,597,000 after buying an additional 382 shares during the last quarter. Root Financial Partners LLC increased 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 worth $112,000 after buying an additional 389 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its stake in Schwab U.S. Large-Cap Value ETF by 0.9% in the first quarter. Chicago Partners Investment Group LLC now owns 44,234 shares of the company’s stock valued at $1,412,000 after buying an additional 390 shares during the period.

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

SCHV opened at $34.86 on Monday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $27.89 and a 12-month high of $35.07. The stock has a market cap of $16.09 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. The business has a 50 day moving average of $34.28 and a 200-day moving average of $32.63.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Wednesday, June 24th were paid a $0.1566 dividend. This is a boost from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Wednesday, June 24th. This represents a $0.63 dividend on an annualized basis and a 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.