Advisory Services Network LLC Buys 58,286 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Advisory Services Network LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 199.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 87,577 shares of the company’s stock after acquiring an additional 58,286 shares during the quarter. Advisory Services Network LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $2,283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cooper Haims Advisors LLC purchased a new position in Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at approximately $329,000. Peachtree Investment Partners LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Peachtree Investment Partners LLC now owns 3,000 shares of the company’s stock valued at $78,000 after purchasing an additional 2,000 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 340.8% during the 4th quarter. Renaissance Technologies LLC now owns 123,400 shares of the company’s stock valued at $3,217,000 after buying an additional 95,406 shares in the last quarter. Elgethun Capital Management boosted its holdings in Schwab U.S. Large-Cap Value ETF by 208.6% in the 4th quarter. Elgethun Capital Management now owns 64,157 shares of the company’s stock worth $1,673,000 after buying an additional 43,370 shares during the period. Finally, Bank of Montreal Can increased its stake in Schwab U.S. Large-Cap Value ETF by 183.5% in the 4th quarter. Bank of Montreal Can now owns 34,769 shares of the company’s stock worth $906,000 after buying an additional 22,506 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 1.5 %

NYSEARCA SCHV opened at $24.83 on Friday. Schwab U.S. Large-Cap Value ETF has a 12 month low of $23.08 and a 12 month high of $28.19. The stock has a market cap of $11.09 billion, a PE ratio of 19.30 and a beta of 0.89. The stock’s 50 day moving average is $26.48 and its 200 day moving average is $26.76.

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

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

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.