LongView Wealth Management Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

LongView Wealth Management lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,532 shares of the company’s stock after purchasing an additional 8,025 shares during the period. Schwab US Dividend Equity ETF accounts for about 5.9% of LongView Wealth Management’s portfolio, making the stock its biggest position. LongView Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $14,798,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raleigh Capital Management Inc. bought a new position in Schwab US Dividend Equity ETF in the third quarter worth approximately $28,000. Voisard Asset Management Group Inc. bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth approximately $29,000. Signature Resources Capital Management LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth approximately $32,000. Bear Mountain Capital Inc. bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth approximately $34,000. Finally, Venturi Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth approximately $44,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded up $0.49 during trading hours on Friday, reaching $77.76. The company had a trading volume of 3,531,564 shares, compared to its average volume of 3,305,000. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The business has a fifty day simple moving average of $78.12 and a 200-day simple moving average of $77.57. The company has a market cap of $54.55 billion, a price-to-earnings 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.