Vise Technologies Inc. Buys Shares of 177,204 Schwab US Dividend Equity ETF $SCHD

Vise Technologies Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the second quarter, HoldingsChannel reports. The institutional investor purchased 177,204 shares of the company’s stock, valued at approximately $4,696,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC raised its position in Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the period. Bison Wealth LLC increased its stake in shares of Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares in the last quarter. Principal Financial Group Inc. bought a new position in Schwab US Dividend Equity ETF in the 1st quarter worth $384,000. Finally, Bank of New York Mellon Corp lifted its position in Schwab US Dividend Equity ETF by 10.5% during the first quarter. Bank of New York Mellon Corp now owns 815,366 shares of the company’s stock valued at $22,798,000 after purchasing an additional 77,461 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $26.72 on Monday. The stock has a 50-day simple moving average of $27.14 and a two-hundred day simple moving average of $26.87. The firm has a market capitalization of $69.09 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72.

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.