Balanced Rock Investment Advisors LLC Acquires 5,507 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Balanced Rock Investment Advisors LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 199.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,273 shares of the company’s stock after buying an additional 5,507 shares during the quarter. Balanced Rock Investment Advisors LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 184.2% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 55,360,772 shares of the company’s stock worth $1,443,255,000 after acquiring an additional 35,884,431 shares during the last quarter. Sei Investments Co. boosted its position in Schwab U.S. Large-Cap Value ETF by 220.7% during the fourth quarter. Sei Investments Co. now owns 38,914,600 shares of the company’s stock worth $1,014,504,000 after purchasing an additional 26,780,137 shares during the period. Mather Group LLC. boosted its position in Schwab U.S. Large-Cap Value ETF by 197.4% during the fourth quarter. Mather Group LLC. now owns 31,961,534 shares of the company’s stock worth $833,237,000 after purchasing an additional 21,215,739 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 228.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,926,683 shares of the company’s stock valued at $415,209,000 after purchasing an additional 11,074,601 shares during the last quarter. Finally, Avantax Planning Partners Inc. raised its position in shares of Schwab U.S. Large-Cap Value ETF by 200.2% in the fourth quarter. Avantax Planning Partners Inc. now owns 9,927,842 shares of the company’s stock valued at $258,819,000 after purchasing an additional 6,621,242 shares during the period.

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

NYSEARCA SCHV opened at $24.99 on Friday. The stock has a market cap of $11.16 billion, a PE ratio of 19.30 and a beta of 0.89. The firm has a 50-day moving average of $26.30 and a 200-day moving average of $26.71. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $28.19.

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

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

About Schwab U.S. Large-Cap Value ETF

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.