Schwab US Dividend Equity ETF $SCHD Shares Purchased by Montis Financial LLC

Montis Financial LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 530,958 shares of the company’s stock after acquiring an additional 27,852 shares during the quarter. Schwab US Dividend Equity ETF makes up about 2.9% of Montis Financial LLC’s investment portfolio, making the stock its 10th largest holding. Montis Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,564,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Sumitomo Life Insurance Co. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $847,665,000. Avantax Planning Partners Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after buying an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Cibc World Market Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after buying an additional 1,694,144 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.2% during the 2nd quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock worth $160,554,000 after buying an additional 185,649 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.29 on Tuesday. The firm has a 50-day moving average of $31.53 and a 200-day moving average of $30.11. The stock has a market cap of $91.66 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.16 and a 52-week high of $32.91.

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.