Envestnet Asset Management Inc. Purchases 11,074,601 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Envestnet Asset Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVFree Report) by 228.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 15,926,683 shares of the company’s stock after acquiring an additional 11,074,601 shares during the quarter. Envestnet Asset Management Inc. owned approximately 11.03% of Schwab U.S. Large-Cap Value ETF worth $415,209,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hollencrest Capital Management raised its holdings in Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Hollencrest Capital Management now owns 996 shares of the company’s stock valued at $26,000 after acquiring an additional 664 shares during the period. First PREMIER Bank raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. First PREMIER Bank now owns 1,035 shares of the company’s stock valued at $27,000 after purchasing an additional 690 shares during the period. Jackson Hole Capital Partners LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 200.0% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 1,170 shares of the company’s stock worth $31,000 after purchasing an additional 780 shares in the last quarter. Tidemark LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the 4th quarter. Tidemark LLC now owns 1,200 shares of the company’s stock worth $31,000 after purchasing an additional 800 shares during the period. Finally, Olistico Wealth LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 200.0% in the 4th quarter. Olistico Wealth LLC now owns 1,236 shares of the company’s stock worth $32,000 after purchasing an additional 824 shares during the period.

Schwab U.S. Large-Cap Value ETF Stock Down 5.9 %

Shares of SCHV opened at $24.10 on Friday. The business’s 50-day moving average price is $26.87 and its 200-day moving average price is $26.87. Schwab U.S. Large-Cap Value ETF has a twelve month low of $23.84 and a twelve month high of $28.19. The stock has a market cap of $10.76 billion, a PE ratio of 19.30 and a beta of 0.89.

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

The company 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

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SCHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHVFree Report).

Institutional Ownership by Quarter for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

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