Kingsview Wealth Management LLC Buys 318,481 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kingsview Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 305.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 422,621 shares of the company’s stock after acquiring an additional 318,481 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,546,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Sumitomo Life Insurance Co. grew its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares during the last quarter. LPL Financial LLC lifted its position in Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. grew its position in Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. Finally, HHM Wealth Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 207.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after acquiring an additional 3,286,917 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The company has a fifty day moving average of $27.89 and a 200 day moving average of $27.97. The company has a market capitalization of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74.

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.