Strategies Wealth Advisors LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Strategies Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,899 shares of the company’s stock after purchasing an additional 18,509 shares during the quarter. Strategies Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $772,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Central Pacific Bank Trust Division increased its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the last quarter. Hoese & Co LLP bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $26,000. Ritter Daniher Financial Advisory LLC DE lifted its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares during the last quarter. Moisand Fitzgerald Tamayo LLC grew its stake in shares of 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 valued at $28,000 after buying an additional 777 shares during the last quarter. Finally, PFG Private Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after acquiring an additional 686 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $25.30 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The business has a 50-day moving average price of $27.47 and a 200 day moving average price of $27.96. The company has a market capitalization of $63.76 billion, a P/E ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.2488 dividend. The ex-dividend date was Wednesday, March 26th.

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.