Macroview Investment Management LLC Increases Stock Position in Schwab US Dividend Equity ETF $SCHD

Macroview Investment Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 354.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,961 shares of the company’s stock after purchasing an additional 64,718 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 1.6% of Macroview Investment Management LLC’s holdings, making the stock its 20th biggest position. Macroview Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,276,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. boosted its holdings in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $25,000. Biltmore Family Office LLC boosted its holdings in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares in the last quarter. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000.

Schwab US Dividend Equity ETF Trading Down 0.3%

Shares of SCHD opened at $31.72 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.69 and a twelve month high of $32.13. The stock’s 50 day moving average is $31.01 and its two-hundred day moving average is $29.46. The firm has a market capitalization of $90.04 billion, a PE ratio of 14.57 and a beta of 0.68.

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.