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

Kingsview Wealth Management LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 450,222 shares of the company’s stock after selling 86,069 shares during the period. Kingsview Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Biltmore Family Office LLC increased its position in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the period. Independence Bank of Kentucky acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $41,000. True Wealth Design LLC increased its position in Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares during the period. Total Investment Management Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 2nd quarter worth about $43,000. Finally, Morton Brown Family Wealth LLC boosted its holdings in Schwab US Dividend Equity ETF by 41.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock valued at $45,000 after purchasing an additional 477 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.8%

Shares of NYSEARCA:SCHD opened at $31.77 on Monday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.88. The company’s 50 day moving average price is $29.60 and its two-hundred day moving average price is $28.10. The firm has a market cap of $83.56 billion, a PE ratio of 14.57 and a beta of 0.77.

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.