LVW Advisors LLC Has $98.29 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

LVW Advisors LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 203.4% during the 4th quarter, Holdings Channel reports. The firm owned 3,597,636 shares of the company’s stock after purchasing an additional 2,412,003 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 11.8% of LVW Advisors LLC’s portfolio, making the stock its biggest holding. LVW Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $98,287,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,000. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $38,000. Finally, Quent Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after acquiring an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.99 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72. The firm has a 50 day moving average price of $28.19 and a 200-day moving average price of $27.84. The firm has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.