Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Dechtman Wealth Management LLC

Dechtman Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 55,540 shares of the company’s stock after buying an additional 37,199 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.3% of Dechtman Wealth Management LLC’s holdings, making the stock its 18th largest position. Dechtman Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,517,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. LPL Financial LLC increased its position in Schwab US Dividend Equity ETF by 214.9% during the 4th quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock worth $992,120,000 after purchasing an additional 24,783,386 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $592,939,000. Sumitomo Life Insurance Co. boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after acquiring an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in Schwab US Dividend Equity ETF by 205.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after purchasing an additional 17,501,170 shares during the period. Finally, Wealthspire Advisors LLC increased its position in Schwab US Dividend Equity ETF by 195.8% during the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after purchasing an additional 10,024,156 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.9 %

Shares of NYSEARCA SCHD opened at $27.84 on Wednesday. The stock has a market capitalization of $69.04 billion, a PE ratio of 17.56 and a beta of 0.86. The firm has a fifty day moving average of $27.98 and a 200-day moving average of $28.14. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.