Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is USAdvisors Wealth Management LLC’s 8th Largest Position

USAdvisors Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 257,467 shares of the company’s stock after buying an additional 170,292 shares during the quarter. Schwab US Dividend Equity ETF comprises 2.3% of USAdvisors Wealth Management LLC’s holdings, making the stock its 8th biggest position. USAdvisors Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,034,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SCHD. Colorado Capital Management Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after acquiring an additional 121 shares during the period. Sunflower Bank N.A. raised its stake in Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after purchasing an additional 191 shares during the last quarter. waypoint wealth counsel grew its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the 3rd quarter. waypoint wealth counsel now owns 24,844 shares of the company’s stock valued at $2,100,000 after buying an additional 215 shares during the period. Finally, Quent Capital LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 86.6% during the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after buying an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of SCHD opened at $28.01 on Thursday. The stock’s fifty day simple moving average is $28.08 and its 200 day simple moving average is $27.94. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The firm has a market capitalization of $19.65 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.