37,771 Schwab US Dividend Equity ETF $SCHD Shares Bought by LongView Wealth Management

LongView Wealth Management raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 667,536 shares of the company’s stock after purchasing an additional 37,771 shares during the quarter. Schwab US Dividend Equity ETF comprises 5.2% of LongView Wealth Management’s investment portfolio, making the stock its biggest position. LongView Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $21,715,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Vanguard Capital Wealth Advisors grew its position in shares of Schwab US Dividend Equity ETF by 0.8% during the third quarter. Vanguard Capital Wealth Advisors now owns 38,880 shares of the company’s stock worth $1,265,000 after buying an additional 296 shares in the last quarter. Triumph Capital Management raised its holdings in Schwab US Dividend Equity ETF by 14.6% in the third quarter. Triumph Capital Management now owns 2,389 shares of the company’s stock valued at $78,000 after acquiring an additional 305 shares in the last quarter. Gemmer Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock valued at $686,000 after purchasing an additional 317 shares during the last quarter. MeadowBrook Investment Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after purchasing an additional 325 shares during the last quarter. Finally, FC Advisory LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 1.8% in the 3rd quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock valued at $626,000 after purchasing an additional 336 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock traded down $0.12 during trading on Monday, hitting $34.23. 13,070,043 shares of the stock were exchanged, compared to its average volume of 22,416,750. The firm’s 50-day moving average price is $34.01 and its 200 day moving average price is $32.77. The stock has a market cap of $114.56 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31.

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.