Financial Perspectives Inc Purchases 439 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Perspectives Inc increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,971 shares of the company’s stock after purchasing an additional 439 shares during the quarter. Financial Perspectives Inc’s holdings in Schwab US Dividend Equity ETF were worth $401,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $228,390,000. Focus Financial Network Inc. ADV bought a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $95,831,000. International Assets Investment Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $89,561,000. DDD Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 12,161.9% in the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after purchasing an additional 484,167 shares during the period. Finally, Burkett Financial Services LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $36,856,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock traded down $0.27 during midday trading on Thursday, hitting $77.18. 2,056,329 shares of the company were exchanged, compared to its average volume of 3,308,233. The firm has a 50 day simple moving average of $78.10 and a 200-day simple moving average of $77.65. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The firm has a market cap of $54.14 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.