Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,502 shares of the company’s stock after purchasing an additional 8,939 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of SCHD. LPL Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares during the period. Orgel Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. grew its position in Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after acquiring an additional 101,637 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.09 on Friday. The company has a market capitalization of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The business has a 50 day moving average price of $28.13 and a 200 day moving average price of $27.87.

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.