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

Element Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 191.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,545 shares of the company’s stock after acquiring an additional 8,904 shares during the quarter. Element Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $370,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bell Bank increased its stake in Schwab US Dividend Equity ETF by 1,735.2% during the fourth quarter. Bell Bank now owns 43,824 shares of the company’s stock worth $1,197,000 after acquiring an additional 41,436 shares during the last quarter. Indie Asset Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 202.7% in the fourth quarter. Indie Asset Partners LLC now owns 70,101 shares of the company’s stock valued at $1,915,000 after buying an additional 46,939 shares in the last quarter. LifeSteps Financial Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 218.3% in the fourth quarter. LifeSteps Financial Inc. now owns 67,403 shares of the company’s stock valued at $1,841,000 after buying an additional 46,229 shares in the last quarter. Boyd Watterson Asset Management LLC OH grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 89,993 shares of the company’s stock valued at $2,459,000 after buying an additional 63,079 shares in the last quarter. Finally, Peregrine Asset Advisers Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 201.7% in the fourth quarter. Peregrine Asset Advisers Inc. now owns 9,768 shares of the company’s stock valued at $267,000 after buying an additional 6,530 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

Shares of NYSEARCA SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The stock has a fifty day simple moving average of $27.69 and a 200-day simple moving average of $28.02. The stock has a market capitalization of $69.11 billion, a PE ratio of 17.48 and a beta of 0.88.

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.