San Luis Wealth Advisors LLC Has $1.13 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

San Luis Wealth Advisors LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 222.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,253 shares of the company’s stock after acquiring an additional 28,472 shares during the quarter. San Luis Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,127,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Finally, Cassady Schiller Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $38,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.52 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The company has a market capitalization of $19.31 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a fifty day simple moving average of $28.26 and a two-hundred day simple moving average of $27.79.

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.