Financial Perspectives Inc Buys 812 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Perspectives Inc lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 21.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,532 shares of the company’s stock after acquiring an additional 812 shares during the quarter. Financial Perspectives Inc’s holdings in Schwab US Dividend Equity ETF were worth $345,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raleigh Capital Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $28,000. Bear Mountain Capital Inc. bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at $34,000. Howe & Rusling Inc. grew its holdings in Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after acquiring an additional 344 shares during the period. Carmel Capital Partners LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $39,000. Finally, WestHill Financial Advisors Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 106.3% in the 3rd quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock valued at $44,000 after purchasing an additional 319 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock traded up $0.48 on Tuesday, hitting $77.72. 2,505,684 shares of the company’s stock traded hands, compared to its average volume of 3,649,406. The company has a fifty day moving average of $78.22 and a two-hundred day moving average of $75.05. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The company has a market capitalization of $54.46 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

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.