Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Secure Asset Management LLC

Secure Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 293.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,165 shares of the company’s stock after acquiring an additional 73,993 shares during the period. Secure Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,709,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Red Door Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 194.1% during the fourth quarter. Red Door Wealth Management LLC now owns 216,604 shares of the company’s stock valued at $5,918,000 after purchasing an additional 142,946 shares during the last quarter. Galvin Gaustad & Stein LLC grew its position in shares of Schwab US Dividend Equity ETF by 197.4% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 53,487 shares of the company’s stock valued at $1,461,000 after purchasing an additional 35,500 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 209.9% during the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 185,393 shares of the company’s stock valued at $5,065,000 after buying an additional 125,564 shares during the last quarter. Avior Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 248.1% in the fourth quarter. Avior Wealth Management LLC now owns 433,699 shares of the company’s stock worth $11,846,000 after purchasing an additional 309,098 shares in the last quarter. Finally, Teamwork Financial Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 177.0% in the 4th quarter. Teamwork Financial Advisors LLC now owns 58,339 shares of the company’s stock valued at $1,594,000 after purchasing an additional 37,279 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.09 on Friday. The company has a market capitalization of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The business’s 50 day simple moving average is $28.13 and its 200-day simple moving average is $27.87.

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.