Gemmer Asset Management LLC Increases Position in Schwab U.S. Large-Cap Value ETF (SCHV)

Gemmer Asset Management LLC boosted its position in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 14.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 360,389 shares of the company’s stock after purchasing an additional 46,231 shares during the quarter. Schwab U.S. Large-Cap Value ETF comprises about 6.3% of Gemmer Asset Management LLC’s holdings, making the stock its 3rd biggest holding. Gemmer Asset Management LLC owned 0.42% of Schwab U.S. Large-Cap Value ETF worth $20,211,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. McKinley Carter Wealth Services Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at about $105,000. Centaurus Financial Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at about $128,000. Kiley Juergens Wealth Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at about $137,000. PNC Financial Services Group Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 89.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,960 shares of the company’s stock valued at $157,000 after acquiring an additional 1,399 shares during the last quarter. Finally, Edge Wealth Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 73.7% during the 2nd quarter. Edge Wealth Management LLC now owns 3,060 shares of the company’s stock valued at $163,000 after acquiring an additional 1,298 shares during the last quarter.

Shares of NYSEARCA SCHV traded up $0.25 during trading on Friday, reaching $53.71. 56,122 shares of the company traded hands, compared to its average volume of 324,818. Schwab U.S. Large-Cap Value ETF has a 52-week low of $51.13 and a 52-week high of $58.00.

The business also recently declared a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Wednesday, September 26th were issued a dividend of $0.3988 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date was Tuesday, September 25th. This is an increase from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.36.

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.

Further Reading: Diversification

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:SCHV).

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

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