Financial Perspectives Inc Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Perspectives Inc grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 291.3% during the 4th quarter, Holdings Channel reports. The firm owned 26,249 shares of the company’s stock after purchasing an additional 19,540 shares during the quarter. Financial Perspectives Inc’s holdings in Schwab US Dividend Equity ETF were worth $717,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Central Pacific Bank Trust Division boosted its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $26,000. IFS Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Finally, Olistico Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.99 on Wednesday. The company’s 50 day simple moving average is $27.70 and its 200-day simple moving average is $28.01. The company has a market capitalization of $68.58 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72.

Schwab US Dividend Equity ETF Company 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.