Focus Financial Network Inc. Has $20.89 Million Stock Position in Schwab U.S. Large-Cap Value ETF $SCHV

Focus Financial Network Inc. reduced its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 5.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 600,252 shares of the company’s stock after selling 36,590 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises 0.6% of Focus Financial Network Inc.’s holdings, making the stock its 29th biggest position. Focus Financial Network Inc.’s holdings in Schwab U.S. Large-Cap Value ETF were worth $20,895,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Valpey Financial Services LLC grew its position in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% during the 4th quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock worth $185,099,000 after buying an additional 6,043,804 shares during the period. Wellington Management Group LLP bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth approximately $68,742,000. TSG Advice Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the first quarter worth approximately $30,871,000. World Investment Advisors lifted its holdings in Schwab U.S. Large-Cap Value ETF by 101.6% in the first quarter. World Investment Advisors now owns 1,977,398 shares of the company’s stock valued at $60,311,000 after buying an additional 996,424 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 922.2% in the fourth quarter. Global Retirement Partners LLC now owns 875,261 shares of the company’s stock valued at $25,916,000 after buying an additional 789,636 shares during the period.

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

Shares of SCHV stock opened at $34.86 on Monday. Schwab U.S. Large-Cap Value ETF has a 52-week low of $27.89 and a 52-week high of $35.07. The stock has a market cap of $16.09 billion, a PE ratio of 19.08 and a beta of 0.83. The firm’s 50 day moving average price is $34.28 and its two-hundred day moving average price is $32.63.

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

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