Axxcess Wealth Management LLC Acquires 474,244 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Axxcess Wealth Management LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 213.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 696,321 shares of the company’s stock after buying an additional 474,244 shares during the period. Axxcess Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,024,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of SCHD. JPMorgan Chase & Co. boosted its stake in Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC raised its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $163,000. Tenon Financial LLC grew its position in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. grew its position in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after buying an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.96 on Tuesday. The stock’s 50-day moving average is $27.90 and its 200 day moving average is $28.13. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The company has a market cap of $69.34 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.