Cooper Financial Group Purchases 140,501 Shares of Schwab U.S. Large-Cap Value ETF $SCHV

Cooper Financial Group lifted its position in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 6.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,276,475 shares of the company’s stock after buying an additional 140,501 shares during the period. Schwab U.S. Large-Cap Value ETF makes up 6.6% of Cooper Financial Group’s holdings, making the stock its largest position. Cooper Financial Group’s holdings in Schwab U.S. Large-Cap Value ETF were worth $79,244,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SCHV. Meriwether Wealth & Planning LLC boosted its stake in Schwab U.S. Large-Cap Value ETF by 2.3% during the second quarter. Meriwether Wealth & Planning LLC now owns 671,004 shares of the company’s stock valued at $23,358,000 after buying an additional 14,978 shares in the last quarter. Clark Asset Management LLC raised its position in Schwab U.S. Large-Cap Value ETF by 9.6% in the second quarter. Clark Asset Management LLC now owns 8,617 shares of the company’s stock worth $300,000 after acquiring an additional 754 shares in the last quarter. Evanson Financial LLC bought a new stake in Schwab U.S. Large-Cap Value ETF in the second quarter worth about $340,000. Thrive Wealth Management LLC raised its position in Schwab U.S. Large-Cap Value ETF by 2.1% in the second quarter. Thrive Wealth Management LLC now owns 294,454 shares of the company’s stock worth $10,250,000 after acquiring an additional 5,947 shares in the last quarter. Finally, Chapin Davis Inc. lifted its holdings in Schwab U.S. Large-Cap Value ETF by 4.0% in the 2nd quarter. Chapin Davis Inc. now owns 12,110 shares of the company’s stock valued at $422,000 after acquiring an additional 470 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Down 0.4%

NYSEARCA:SCHV opened at $34.70 on Friday. Schwab U.S. Large-Cap Value ETF has a twelve month low of $27.74 and a twelve month high of $35.07. The company has a 50-day moving average of $34.25 and a 200-day moving average of $32.60. The firm has a market cap of $16.02 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Wednesday, June 24th were paid a dividend of $0.1566 per share. This is a boost from Schwab U.S. Large-Cap Value ETF’s previous quarterly dividend of $0.14. This represents a $0.63 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 24th.

Schwab U.S. Large-Cap Value ETF Company 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.