Kingsview Wealth Management LLC Boosts Holdings in Schwab US Dividend Equity ETF $SCHD

Kingsview Wealth Management LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 536,291 shares of the company’s stock after purchasing an additional 44,542 shares during the period. Kingsview Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,212,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $1,031,129,000. Wealthspire Advisors LLC boosted its holdings 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 worth $826,353,000 after acquiring an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $132,621,000. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 6.8% during 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 in the last quarter. Finally, Cresset Asset Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 37.5% in the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after purchasing an additional 2,069,007 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

SCHD stock opened at $27.24 on Friday. The stock has a market capitalization of $70.44 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The firm has a 50 day moving average of $27.08 and a 200 day moving average of $26.91.

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.