Kingsview Wealth Management LLC Has $12.29 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Kingsview Wealth Management LLC lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 450,222 shares of the company’s stock after selling 86,069 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,291,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Rakuten Investment Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $1,127,144,000. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $847,665,000. Cibc World Market Inc. raised its position in Schwab US Dividend Equity ETF by 243.5% during the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after purchasing an additional 3,777,339 shares in the last quarter. Osaic Holdings Inc. raised its position in Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after purchasing an additional 1,217,005 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $31.77 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.88. The stock’s fifty day moving average price is $29.60 and its two-hundred day moving average price is $28.10. The company has a market cap of $83.56 billion, a PE ratio of 14.57 and a beta of 0.77.

About Schwab US Dividend Equity ETF

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.