Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Raised by Latko Wealth Management Ltd.

Latko Wealth Management Ltd. lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 484,279 shares of the company’s stock after buying an additional 328,814 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 7.8% of Latko Wealth Management Ltd.’s portfolio, making the stock its 4th biggest position. Latko Wealth Management Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $13,230,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Central Pacific Bank Trust Division raised its holdings in shares of 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 buying an additional 604 shares during the period. Hoese & Co LLP purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. IFS Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares during the period. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $31,000. Finally, Olistico Wealth LLC increased its holdings in Schwab US Dividend Equity ETF by 202.2% during the 4th 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 period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.79 on Friday. The stock’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 company has a market cap of $19.49 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.