Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Boosted by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 183.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 593,444 shares of the company’s stock after purchasing an additional 384,261 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,213,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Moser Wealth Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 299.5% during the 4th quarter. Moser Wealth Advisors LLC now owns 38,644 shares of the company’s stock worth $1,056,000 after buying an additional 28,971 shares during the last quarter. Stephens Inc. AR grew its position in shares of Schwab US Dividend Equity ETF by 252.4% during the fourth quarter. Stephens Inc. AR now owns 924,282 shares of the company’s stock worth $25,251,000 after acquiring an additional 661,996 shares during the last quarter. Stockman Wealth Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 249.0% during the fourth quarter. Stockman Wealth Management Inc. now owns 17,971 shares of the company’s stock worth $491,000 after acquiring an additional 12,821 shares during the last quarter. Howland Capital Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 160.0% in the 4th quarter. Howland Capital Management LLC now owns 15,621 shares of the company’s stock worth $427,000 after acquiring an additional 9,614 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. lifted its position in Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after purchasing an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Schwab US Dividend Equity ETF stock opened at $27.56 on Friday. The firm has a 50-day moving average price of $27.85 and a two-hundred day moving average price of $27.97. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The firm has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.