Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,549 shares of the company’s stock after purchasing an additional 4,695 shares during the period. Diversify Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $38,000. Finally, Quent Capital LLC lifted its stake in Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after purchasing an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.99 on Monday. The stock’s 50-day moving average is $28.19 and its two-hundred day moving average is $27.84. Schwab US Dividend Equity ETF has a 1 year low of $25.03 and a 1 year high of $29.72. The firm has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.