Wealth Enhancement Advisory Services LLC Has $99.21 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wealth Enhancement Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,631,391 shares of the company’s stock after purchasing an additional 2,053 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $99,210,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $34,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $38,000. Finally, Fairfield Financial Advisors LTD acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter valued at about $39,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock traded down $0.30 on Friday, hitting $27.02. The stock had a trading volume of 6,627,974 shares, compared to its average volume of 14,603,362. The stock has a 50 day moving average of $28.31 and a 200 day moving average of $27.74. The firm has a market capitalization of $18.95 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72.

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.