Stone Summit Wealth LLC Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stone Summit Wealth LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, Holdings Channel reports. The firm owned 12,561 shares of the company’s stock after acquiring an additional 8,374 shares during the quarter. Stone Summit Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $343,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. IFS Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $31,000. Finally, Olistico Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.56 on Monday. The firm has a market cap of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74. The stock has a 50 day moving average of $27.85 and a 200 day moving average of $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.