Schwab US Dividend Equity ETF $SCHD Stock Position Lifted by Vista Cima Wealth Management LLC

Vista Cima Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,567 shares of the company’s stock after acquiring an additional 4,564 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.8% of Vista Cima Wealth Management LLC’s holdings, making the stock its 11th largest position. Vista Cima Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,846,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Wealthspire Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after acquiring an additional 14,410,724 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Schwab US Dividend Equity ETF by 216.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,471,870 shares of the company’s stock valued at $313,411,000 after acquiring an additional 7,842,532 shares during the last quarter. Royal Bank of Canada lifted its stake in Schwab US Dividend Equity ETF by 217.5% in the fourth quarter. Royal Bank of Canada now owns 9,079,918 shares of the company’s stock valued at $248,063,000 after acquiring an additional 6,219,756 shares during the last quarter. LPL Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after acquiring an additional 2,470,706 shares during the last quarter. Finally, Charles Schwab Trust Bank lifted its stake in Schwab US Dividend Equity ETF by 143.2% in the fourth quarter. Charles Schwab Trust Bank now owns 3,955,650 shares of the company’s stock valued at $108,068,000 after acquiring an additional 2,329,341 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of Schwab US Dividend Equity ETF stock opened at $27.50 on Thursday. The firm has a fifty day simple moving average of $27.29 and a 200-day simple moving average of $26.85. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The stock has a market capitalization of $71.73 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.