Lodestone Wealth Management LLC Purchases 5,275 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lodestone Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,935 shares of the company’s stock after buying an additional 5,275 shares during the period. Lodestone Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $217,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after acquiring an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $163,000. Tenon Financial LLC grew its stake in Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after purchasing an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. grew its stake in Schwab US Dividend Equity ETF by 195.0% in the fourth 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 Price Performance

SCHD opened at $27.79 on Friday. The business’s 50-day moving average is $27.74 and its two-hundred day moving average is $27.99. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The firm has a market capitalization of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74.

About Schwab US Dividend Equity ETF

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.