Vise Technologies Inc. Takes $4.70 Million Position in Schwab US Dividend Equity ETF $SCHD

Vise Technologies Inc. purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 177,204 shares of the company’s stock, valued at approximately $4,696,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MOKAN Wealth Management Inc. lifted its position in Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after acquiring an additional 6,985 shares in the last quarter. Principal Financial Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at $384,000. Elevate Wealth Advisory Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 7.4% during the first quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after buying an additional 3,915 shares during the last quarter. Schaeffer Financial LLC increased its holdings in Schwab US Dividend Equity ETF by 3.7% in the 1st quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock worth $19,260,000 after buying an additional 24,751 shares in the last quarter. Finally, Muirfield Wealth Advisors LLC raised its position in Schwab US Dividend Equity ETF by 19.4% in the 2nd quarter. Muirfield Wealth Advisors LLC now owns 98,573 shares of the company’s stock worth $2,612,000 after buying an additional 15,988 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $26.72 on Monday. The company’s 50-day simple moving average is $27.14 and its two-hundred day simple moving average is $26.87. The stock has a market capitalization of $69.09 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72.

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.