Prestige Wealth Management Group LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Prestige Wealth Management Group LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,732 shares of the company’s stock after buying an additional 2,488 shares during the period. Prestige Wealth Management Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $102,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Central Pacific Bank Trust Division raised its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC raised its holdings in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares in the last quarter. PFG Private Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares during the period. Finally, IFS Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9 %

NYSEARCA SCHD opened at $27.84 on Wednesday. The stock has a market capitalization of $69.04 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. The business’s 50 day moving average is $27.98 and its two-hundred day moving average is $28.14. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF 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.