Livet Wealth LLC Takes $8.08 Million Position in Schwab US Dividend Equity ETF $SCHD

Livet Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 294,428 shares of the company’s stock, valued at approximately $8,076,000. Schwab US Dividend Equity ETF comprises approximately 5.0% of Livet Wealth LLC’s investment portfolio, making the stock its 4th largest position.

Several other hedge funds have also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $847,665,000. Cassaday & Co Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares during the last quarter. Cibc World Market Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter. Keudell Morrison Wealth Management purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $43,773,000. Finally, Evergreen Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $41,630,000.

Schwab US Dividend Equity ETF Trading Up 0.9%

Shares of SCHD stock opened at $32.82 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $26.16 and a 12 month high of $32.92. The stock has a market cap of $93.17 billion, a P/E ratio of 14.57 and a beta of 0.67. The company has a 50 day simple moving average of $31.68 and a two-hundred day simple moving average of $30.24.

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.