Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by LVW Advisors LLC

LVW Advisors LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 203.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,597,636 shares of the company’s stock after purchasing an additional 2,412,003 shares during the quarter. Schwab US Dividend Equity ETF makes up about 11.8% of LVW Advisors LLC’s holdings, making the stock its largest position. LVW Advisors LLC owned approximately 0.51% of Schwab US Dividend Equity ETF worth $98,287,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Colorado Capital Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after buying an additional 121 shares during the last quarter. Brick & Kyle Associates raised its position in Schwab US Dividend Equity ETF by 2.9% in the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock worth $354,000 after acquiring an additional 130 shares during the period. Ascent Group LLC boosted its stake in Schwab US Dividend Equity ETF by 1.2% in the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after acquiring an additional 145 shares during the last quarter. Sunflower Bank N.A. grew its position in shares of Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after acquiring an additional 185 shares during the period. Finally, Sound Income Strategies LLC increased its stake in shares of Schwab US Dividend Equity ETF by 12.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after purchasing an additional 191 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.6 %

NYSEARCA SCHD opened at $27.99 on Monday. The company has a market cap of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $25.03 and a 52 week high of $29.72. The firm’s 50-day simple moving average is $28.19 and its two-hundred day simple moving average is $27.84.

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.