Sound View Wealth Advisors Group LLC Purchases 28,380 Shares of Schwab US Dividend Equity ETF $SCHD

Sound View Wealth Advisors Group LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 549,366 shares of the company’s stock after purchasing an additional 28,380 shares during the period. Schwab US Dividend Equity ETF accounts for 1.0% of Sound View Wealth Advisors Group LLC’s portfolio, making the stock its 25th biggest position. Sound View Wealth Advisors Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,069,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Armstrong Advisory Group Inc. lifted its position in Schwab US Dividend Equity ETF by 4.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 16,370 shares of the company’s stock valued at $449,000 after buying an additional 718 shares during the period. NorthCrest Asset Manangement LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 153.6% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 31,326 shares of the company’s stock valued at $874,000 after buying an additional 18,974 shares in the last quarter. Old Port Advisors grew its position in shares of Schwab US Dividend Equity ETF by 2.3% in the 4th quarter. Old Port Advisors now owns 259,568 shares of the company’s stock worth $7,120,000 after buying an additional 5,915 shares during the period. Sard Wealth Management Group LLC grew its position in shares of Schwab US Dividend Equity ETF by 2.2% in the 4th quarter. Sard Wealth Management Group LLC now owns 456,668 shares of the company’s stock worth $12,526,000 after buying an additional 10,047 shares during the period. Finally, Wedmont Private Capital increased its stake in shares of Schwab US Dividend Equity ETF by 5.2% in the 4th quarter. Wedmont Private Capital now owns 99,717 shares of the company’s stock worth $2,782,000 after acquiring an additional 4,959 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $30.39 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95. The stock has a market cap of $79.93 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm has a 50-day moving average of $30.57 and a 200 day moving average of $28.45.

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.