Avidian Wealth Enterprises LLC Has $4.01 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Avidian Wealth Enterprises LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 230.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 146,742 shares of the company’s stock after purchasing an additional 102,377 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,009,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC lifted its holdings in Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after buying an additional 191 shares during the period. Argus Investors Counsel Inc. raised its position in shares of Schwab US Dividend Equity ETF by 8.0% during the 3rd quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock valued at $403,000 after acquiring an additional 355 shares during the last quarter. O ROURKE & COMPANY Inc raised its position in shares of Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock valued at $570,000 after acquiring an additional 366 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Finally, Brown Lisle Cummings Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 17.3% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after purchasing an additional 375 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.7 %

NYSEARCA SCHD opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock has a 50-day simple moving average of $27.81 and a 200 day simple moving average of $27.99. The company has a market capitalization of $19.55 billion, a PE 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.