Asset Dedication LLC Has $1.65 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Asset Dedication LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 124.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 60,196 shares of the company’s stock after acquiring an additional 33,387 shares during the quarter. Asset Dedication LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,645,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division increased its position in Schwab US Dividend Equity ETF by 200.0% in the 4th 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 period. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $26,000. IFS Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Finally, Olistico Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after buying an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.3 %

SCHD opened at $28.07 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The company has a fifty day moving average of $28.08 and a 200-day moving average of $27.94. The stock has a market cap of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74.

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.