Alpha Cubed Investments LLC Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Alpha Cubed Investments LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 160,765 shares of the company’s stock after acquiring an additional 108,304 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,392,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SCHD. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $38,000. Finally, Quent Capital LLC boosted its position in shares of Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after buying an additional 240 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.6 %

SCHD opened at $27.99 on Tuesday. The business has a fifty day moving average of $28.16 and a 200 day moving average of $27.85. Schwab US Dividend Equity ETF has a 52-week low of $25.03 and a 52-week high of $29.72. The stock has a market cap of $19.63 billion, a P/E 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.