Sound Income Strategies LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sound Income Strategies LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,233 shares of the company’s stock after buying an additional 3,513 shares during the period. Sound Income Strategies LLC’s holdings in Schwab US Dividend Equity ETF were worth $143,000 as of its most recent SEC filing.

Several other large investors have 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% in 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 last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. IFS Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC raised its stake in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $28.07 on Friday. The firm has a market capitalization of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock’s 50-day simple moving average is $28.10 and its 200-day simple moving average is $27.89. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.