Westview Management dba Westview Investment Advisors Purchases New Shares in Schwab US Dividend Equity ETF $SCHD

Westview Management dba Westview Investment Advisors acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, HoldingsChannel reports. The firm acquired 71,259 shares of the company’s stock, valued at approximately $1,955,000.

A number of other hedge funds have also recently bought and sold shares of SCHD. Biltmore Family Office LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth about $33,000. KERR FINANCIAL PLANNING Corp bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $35,000. Reyes Financial Architecture Inc. grew its position in Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $36,000.

Schwab US Dividend Equity ETF Stock Down 0.7%

Schwab US Dividend Equity ETF stock opened at $30.39 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The company’s 50 day moving average price is $30.57 and its two-hundred day moving average price is $28.45. The stock has a market cap of $79.93 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.