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

Montis Financial LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 530,958 shares of the company’s stock after acquiring an additional 27,852 shares during the period. Schwab US Dividend Equity ETF comprises 2.9% of Montis Financial LLC’s holdings, making the stock its 10th biggest position. Montis Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,564,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Next Capital Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.3% in the 4th quarter. Next Capital Management LLC now owns 40,381 shares of the company’s stock valued at $1,108,000 after buying an additional 512 shares in the last quarter. Miramar Capital LLC raised its position in shares of Schwab US Dividend Equity ETF by 2.8% in the 4th quarter. Miramar Capital LLC now owns 79,770 shares of the company’s stock valued at $2,188,000 after buying an additional 2,161 shares in the last quarter. O Shaughnessy Asset Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 12.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 98,001 shares of the company’s stock valued at $2,688,000 after buying an additional 11,062 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $3,329,000. Finally, JPMorgan Chase & Co. raised its position in shares of Schwab US Dividend Equity ETF by 14.6% in the 4th quarter. JPMorgan Chase & Co. now owns 5,292,537 shares of the company’s stock valued at $145,174,000 after buying an additional 675,686 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.0%

Shares of 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 capitalization of $91.66 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12 month low of $26.16 and a 12 month 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.