Altus Wealth Group LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Altus Wealth Group LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 13,192 shares of the company’s stock after buying an additional 1,595 shares during the period. Altus Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,026,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $1,176,000. Natixis Advisors L.P. increased its holdings in shares of Schwab US Dividend Equity ETF by 36.7% in the fourth quarter. Natixis Advisors L.P. now owns 13,960 shares of the company’s stock valued at $1,062,000 after purchasing an additional 3,749 shares during the period. National Bank of Canada FI raised its stake in shares of Schwab US Dividend Equity ETF by 2,055.5% during the fourth quarter. National Bank of Canada FI now owns 30,759 shares of the company’s stock worth $2,358,000 after purchasing an additional 29,332 shares during the last quarter. Van Hulzen Asset Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 17.4% during the fourth quarter. Van Hulzen Asset Management LLC now owns 7,208 shares of the company’s stock worth $549,000 after purchasing an additional 1,067 shares during the period. Finally, Smithfield Trust Co grew its position in Schwab US Dividend Equity ETF by 3.7% in the 4th quarter. Smithfield Trust Co now owns 55,938 shares of the company’s stock valued at $4,259,000 after buying an additional 1,987 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $82.74 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $84.57. The stock has a market capitalization of $58.04 billion, a P/E ratio of 15.04 and a beta of 0.74. The company’s fifty day moving average is $80.91 and its two-hundred day moving average is $79.17.

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.