Avion Wealth Buys 843 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Avion Wealth boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 170.0% in the fourth quarter, HoldingsChannel reports. The firm owned 1,339 shares of the company’s stock after acquiring an additional 843 shares during the period. Avion Wealth’s holdings in Schwab US Dividend Equity ETF were worth $36,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Sound Income Strategies LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after acquiring an additional 191 shares in the last quarter. Argus Investors Counsel Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 8.0% in the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after acquiring an additional 355 shares in the last quarter. O ROURKE & COMPANY Inc increased its holdings in shares of Schwab US Dividend Equity ETF by 5.7% in the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after acquiring an additional 366 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $31,000. Finally, Brown Lisle Cummings Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 17.3% in the third quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after acquiring an additional 375 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The business has a 50-day moving average of $27.81 and a two-hundred day moving average of $27.99. The company has a market capitalization of $19.55 billion, a P/E 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.