Wagner Wealth Management LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wagner Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,600 shares of the company’s stock after buying an additional 5,089 shares during the period. Wagner Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. MFA Wealth Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 259.1% during the 4th quarter. MFA Wealth Advisors LLC now owns 1,478,079 shares of the company’s stock worth $40,381,000 after acquiring an additional 1,066,485 shares during the period. Canvas Wealth Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 211.1% during the 4th quarter. Canvas Wealth Advisors LLC now owns 394,157 shares of the company’s stock valued at $10,768,000 after buying an additional 267,459 shares during the last quarter. Angeles Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 34,900.0% in the fourth quarter. Angeles Wealth Management LLC now owns 10,500 shares of the company’s stock valued at $287,000 after acquiring an additional 10,470 shares during the period. Liberty Capital Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 198.4% in the 4th quarter. Liberty Capital Management Inc. now owns 73,886 shares of the company’s stock valued at $2,019,000 after purchasing an additional 49,125 shares during the period. Finally, OMC Financial Services LTD raised its position in shares of Schwab US Dividend Equity ETF by 211.3% in the fourth quarter. OMC Financial Services LTD now owns 21,258 shares of the company’s stock worth $581,000 after acquiring an additional 14,430 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of SCHD stock opened at $27.56 on Monday. The company has a market capitalization of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74. The business’s 50 day moving average is $27.85 and its two-hundred day moving average is $27.98. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72.

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.