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

Western Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) during the 1st quarter, Holdings Channel reports. The fund acquired 22,946 shares of the company’s stock, valued at approximately $700,000.

A number of other large investors have also recently added to or reduced their stakes in SCHV. Orographic Financial Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at about $200,000. Chesapeake Wealth Management raised its position in Schwab U.S. Large-Cap Value ETF by 3.6% during the first quarter. Chesapeake Wealth Management now owns 35,100 shares of the company’s stock worth $1,071,000 after acquiring an additional 1,215 shares during the last quarter. Arkadios Wealth Advisors raised its position in Schwab U.S. Large-Cap Value ETF by 2.9% during the first quarter. Arkadios Wealth Advisors now owns 82,818 shares of the company’s stock worth $2,526,000 after acquiring an additional 2,366 shares during the last quarter. Sunbelt Securities Inc. raised its position in Schwab U.S. Large-Cap Value ETF by 25.0% during the first quarter. Sunbelt Securities Inc. now owns 510,572 shares of the company’s stock worth $15,572,000 after acquiring an additional 102,225 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 7.2% in the first quarter. Royal Bank of Canada now owns 753,271 shares of the company’s stock valued at $22,975,000 after purchasing an additional 50,817 shares in the last quarter.

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

SCHV stock opened at $34.28 on Tuesday. The company’s 50 day simple moving average is $34.17 and its 200-day simple moving average is $32.51. The firm has a market capitalization of $15.83 billion, a PE ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.68 and a 12 month high of $35.05.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Wednesday, June 24th were given a dividend of $0.1566 per share. The ex-dividend date was Wednesday, June 24th. This represents a $0.63 annualized dividend and a dividend yield of 1.8%. 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 Company 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.