Western Wealth Management LLC Makes New $700,000 Investment in Schwab U.S. Large-Cap Value ETF $SCHV

Western Wealth Management LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,946 shares of the company’s stock, valued at approximately $700,000.

A number of other large investors have also bought and sold shares of the stock. JPL Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 3rd quarter valued at $26,000. Laurel Wealth Advisors LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the fourth quarter worth $27,000. Ascentis Independent Advisors bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the first quarter valued at $32,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at about $38,000. Finally, Strategic Wealth Advisors LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 95.6% during 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 during the last quarter.

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

SCHV stock opened at $35.33 on Friday. The business has a 50-day simple moving average of $34.37 and a two-hundred day simple moving average of $32.75. The company has a market capitalization of $16.31 billion, a P/E ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 52-week low of $28.22 and a 52-week high of $35.44.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders 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.