Souders Financial Advisors Has $29.13 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Souders Financial Advisors raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,061,955 shares of the company’s stock after purchasing an additional 25,835 shares during the quarter. Schwab US Dividend Equity ETF comprises 3.3% of Souders Financial Advisors’ portfolio, making the stock its 7th largest holding. Souders Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $29,129,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. boosted its position in shares of Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares during the period. Biltmore Family Office LLC boosted its position in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the period. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $33,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $35,000.

Schwab US Dividend Equity ETF Stock Down 0.7%

Shares of Schwab US Dividend Equity ETF stock opened at $31.86 on Friday. The stock has a market cap of $90.44 billion, a PE ratio of 14.57 and a beta of 0.68. The business has a fifty day simple moving average of $30.99 and a 200-day simple moving average of $29.16. Schwab US Dividend Equity ETF has a 12 month low of $25.50 and a 12 month high of $32.13.

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.