Lodestar Private Asset Management LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lodestar Private Asset Management LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,142,893 shares of the company’s stock after purchasing an additional 772,184 shares during the period. Schwab US Dividend Equity ETF makes up about 3.9% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 4th biggest position. Lodestar Private Asset Management LLC owned about 0.16% of Schwab US Dividend Equity ETF worth $31,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Keystone Financial Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at about $8,197,000. Darrow Company Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 202.9% during the fourth quarter. Darrow Company Inc. now owns 32,368 shares of the company’s stock valued at $884,000 after buying an additional 21,681 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 9,346.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after buying an additional 3,538,664 shares in the last quarter. Ledyard National Bank grew its position in shares of Schwab US Dividend Equity ETF by 253.9% in the 4th quarter. Ledyard National Bank now owns 599,945 shares of the company’s stock worth $16,390,000 after buying an additional 430,430 shares during the last quarter. Finally, Leo Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 240.8% during the fourth quarter. Leo Wealth LLC now owns 794,672 shares of the company’s stock valued at $21,714,000 after acquiring an additional 561,508 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.75 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The company has a market cap of $19.47 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock’s fifty day moving average price is $27.92 and its 200 day moving average price is $27.97.

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.