Sound View Wealth Advisors Group LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sound View Wealth Advisors Group LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 217.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 632,566 shares of the company’s stock after purchasing an additional 433,044 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.4% of Sound View Wealth Advisors Group LLC’s investment portfolio, making the stock its 16th largest holding. Sound View Wealth Advisors Group LLC owned about 0.09% of Schwab US Dividend Equity ETF worth $17,282,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. QRG Capital Management Inc. increased its position in Schwab US Dividend Equity ETF by 5.3% during the 3rd quarter. QRG Capital Management Inc. now owns 15,402 shares of the company’s stock valued at $1,302,000 after buying an additional 772 shares in the last quarter. Beckerman Institutional LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $2,664,000. CWA Asset Management Group LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $1,238,000. Galvin Gaustad & Stein LLC increased its position in Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock valued at $1,520,000 after buying an additional 377 shares in the last quarter. Finally, Washington Trust Advisors Inc. increased its position in Schwab US Dividend Equity ETF by 97.6% during the 3rd quarter. Washington Trust Advisors Inc. now owns 5,195 shares of the company’s stock valued at $439,000 after buying an additional 2,566 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.4 %

SCHD stock opened at $28.46 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The firm has a market cap of $69.73 billion, a PE ratio of 17.56 and a beta of 0.88. The business has a 50 day moving average of $27.85 and a 200 day moving average of $28.13.

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.