Wealth Alliance Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wealth Alliance grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,496 shares of the company’s stock after buying an additional 20,234 shares during the period. Wealth Alliance’s holdings in Schwab US Dividend Equity ETF were worth $833,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. FMA Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. FMA Wealth Management LLC now owns 94,024 shares of the company’s stock valued at $2,569,000 after buying an additional 62,908 shares during the last quarter. Ieq Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 432.7% during the 4th quarter. Ieq Capital LLC now owns 71,372 shares of the company’s stock valued at $1,950,000 after purchasing an additional 57,975 shares during the period. SNS Financial Group LLC raised its stake in shares of Schwab US Dividend Equity ETF by 202.9% during the 4th quarter. SNS Financial Group LLC now owns 107,261 shares of the company’s stock valued at $2,930,000 after purchasing an additional 71,853 shares during the period. Emerald Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.4% during the 4th quarter. Emerald Advisors LLC now owns 113,938 shares of the company’s stock valued at $3,113,000 after purchasing an additional 2,627 shares during the period. Finally, Fagan Associates Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 196.9% during the 4th quarter. Fagan Associates Inc. now owns 178,912 shares of the company’s stock valued at $4,888,000 after purchasing an additional 118,660 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $28.32 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The firm has a market cap of $69.38 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The business’s fifty day moving average is $27.69 and its 200 day moving average is $28.02.

About Schwab US Dividend Equity ETF

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.