Financial Perspectives Inc Has $788,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Perspectives Inc lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.4% during the 1st quarter, HoldingsChannel reports. The fund owned 28,185 shares of the company’s stock after purchasing an additional 1,936 shares during the period. Financial Perspectives Inc’s holdings in Schwab US Dividend Equity ETF were worth $788,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Ritter Daniher Financial Advisory LLC DE boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after acquiring an additional 650 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $27,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after acquiring an additional 777 shares in the last quarter. PFG Private Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000.

Schwab US Dividend Equity ETF Stock Down 0.7%

NYSEARCA SCHD opened at $26.72 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $69.47 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82. The business’s fifty day moving average is $26.02 and its 200 day moving average is $27.14.

About Schwab US Dividend Equity ETF

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.