Baker Tilly Wealth Management LLC Buys 24,799 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Baker Tilly Wealth Management LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 164.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,852 shares of the company’s stock after acquiring an additional 24,799 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,089,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SCHD. Fortitude Family Office LLC grew its position in shares of Schwab US Dividend Equity ETF by 89.5% during the 4th quarter. Fortitude Family Office LLC now owns 2,985 shares of the company’s stock valued at $82,000 after purchasing an additional 1,410 shares in the last quarter. Legacy Private Trust Co. raised its position in shares of Schwab US Dividend Equity ETF by 196.0% in the fourth quarter. Legacy Private Trust Co. now owns 212,492 shares of the company’s stock worth $5,805,000 after buying an additional 140,705 shares in the last quarter. Private Client Services LLC grew its position in Schwab US Dividend Equity ETF by 192.2% during the fourth quarter. Private Client Services LLC now owns 16,841 shares of the company’s stock worth $460,000 after buying an additional 11,078 shares in the last quarter. Worth Asset Management LLC increased its stake in Schwab US Dividend Equity ETF by 94.2% in the 4th quarter. Worth Asset Management LLC now owns 17,360 shares of the company’s stock worth $474,000 after acquiring an additional 8,420 shares during the last quarter. Finally, Collective Family Office LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 201.3% in the 4th quarter. Collective Family Office LLC now owns 94,214 shares of the company’s stock valued at $2,574,000 after acquiring an additional 62,941 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.1 %

Shares of SCHD stock traded down $0.29 during trading on Friday, hitting $27.03. The company had a trading volume of 5,374,221 shares, compared to its average volume of 14,331,169. The stock’s 50-day moving average is $28.31 and its two-hundred day moving average is $27.74. The stock has a market capitalization of $18.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72.

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.