Summit Financial LLC Purchases 130,525 Shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV)

Summit Financial LLC grew its holdings in shares of Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) by 209.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 192,900 shares of the company’s stock after acquiring an additional 130,525 shares during the period. Summit Financial LLC owned 0.13% of Schwab U.S. Large-Cap Value ETF worth $5,029,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC grew its stake in Schwab U.S. Large-Cap Value ETF by 18.8% during the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 4,112 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares during the period. Hollencrest Capital Management boosted its holdings in shares of 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 worth $26,000 after buying an additional 664 shares in the last quarter. First PREMIER Bank grew its position 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 worth $27,000 after buying an additional 690 shares during the period. Emerald Advisors LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 1.0% in the 4th quarter. Emerald Advisors LLC now owns 67,875 shares of the company’s stock valued at $1,770,000 after acquiring an additional 696 shares in the last quarter. Finally, Copley Financial Group Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at $57,000.

Schwab U.S. Large-Cap Value ETF Stock Down 1.2 %

Shares of NYSEARCA SCHV opened at $26.32 on Monday. The firm has a market cap of $11.86 billion, a PE ratio of 19.30 and a beta of 0.95. The company’s fifty day simple moving average is $26.99 and its 200 day simple moving average is $26.88. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.84 and a 12-month high of $28.19.

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

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