Kingsview Wealth Management LLC Has $11.55 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kingsview Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 305.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 422,621 shares of the company’s stock after purchasing an additional 318,481 shares during the period. Kingsview Wealth Management LLC owned 0.06% of Schwab US Dividend Equity ETF worth $11,546,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $34,000. Barrett & Company Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $38,000. Finally, Phillips Financial Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The business’s 50 day simple moving average is $27.89 and its two-hundred day simple moving average is $27.97. The stock has a market capitalization of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.