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

San Luis Wealth Advisors LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 222.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 41,253 shares of the company’s stock after purchasing 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Citizens Financial Group Inc. RI acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $5,054,000. Wulff Hansen & CO. increased its stake in shares of Schwab US Dividend Equity ETF by 8,405.3% in the second quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock valued at $113,175,000 after buying an additional 1,438,322 shares during the period. WealthPLAN Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.9% during the second quarter. WealthPLAN Partners LLC now owns 64,036 shares of the company’s stock worth $4,979,000 after acquiring an additional 2,390 shares during the last quarter. Edgestream Partners L.P. lifted its stake in shares of Schwab US Dividend Equity ETF by 148.3% in the second quarter. Edgestream Partners L.P. now owns 9,110 shares of the company’s stock worth $708,000 after acquiring an additional 5,441 shares during the period. Finally, Peregrine Asset Advisers Inc. boosted its holdings in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Peregrine Asset Advisers Inc. now owns 3,238 shares of the company’s stock valued at $252,000 after acquiring an additional 350 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.52 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The firm has a 50 day moving average price of $28.26 and a two-hundred day moving average price of $27.79. The firm has a market cap of $19.31 billion, a price-to-earnings 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.