Macroview Investment Management LLC Buys New Shares in Schwab US Dividend Equity ETF $SCHD

Macroview Investment Management LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 18,243 shares of the company’s stock, valued at approximately $498,000.

Several other institutional investors have also added to or reduced their stakes in SCHD. MOKAN Wealth Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 4.9% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after buying an additional 6,985 shares in the last quarter. Advisory Resource Group raised its holdings in Schwab US Dividend Equity ETF by 4.4% during the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after acquiring an additional 2,520 shares during the period. DMKC Advisory Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 10.6% in the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after acquiring an additional 20,989 shares during the period. Welch Group LLC grew its position in shares of Schwab US Dividend Equity ETF by 44.7% during the second quarter. Welch Group LLC now owns 11,724 shares of the company’s stock worth $311,000 after purchasing an additional 3,624 shares in the last quarter. Finally, AE Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 13.2% during the 2nd quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after purchasing an additional 37,403 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.5%

NYSEARCA SCHD opened at $28.55 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $28.84. The stock has a market cap of $74.67 billion, a PE ratio of 14.57 and a beta of 0.77. The stock’s 50 day moving average is $27.41 and its 200 day moving average is $27.26.

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.