Montis Financial LLC Acquires 12,656 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Montis Financial LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 67.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,329 shares of the company’s stock after buying an additional 12,656 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 1.1% of Montis Financial LLC’s investment portfolio, making the stock its 16th largest position. Montis Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,436,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHD. International Assets Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $1,176,000. Natixis Advisors L.P. raised its stake in shares of Schwab US Dividend Equity ETF by 36.7% in the fourth quarter. Natixis Advisors L.P. now owns 13,960 shares of the company’s stock worth $1,062,000 after buying an additional 3,749 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $354,000. Ieq Capital LLC grew its stake in shares of Schwab US Dividend Equity ETF by 4.1% during the 4th quarter. Ieq Capital LLC now owns 5,780 shares of the company’s stock valued at $440,000 after acquiring an additional 230 shares during the period. Finally, Kickstand Ventures LLC. purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $232,000.

Schwab US Dividend Equity ETF Trading Down 0.6 %

NYSEARCA SCHD opened at $82.54 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $84.57. The stock has a market cap of $57.90 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company’s 50 day moving average is $81.33 and its two-hundred day moving average is $79.33.

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.