MFA Wealth Advisors LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MFA Wealth Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 259.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,478,079 shares of the company’s stock after acquiring an additional 1,066,485 shares during the period. Schwab US Dividend Equity ETF makes up approximately 10.3% of MFA Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position. MFA Wealth Advisors LLC owned approximately 0.21% of Schwab US Dividend Equity ETF worth $40,381,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sunflower Bank N.A. grew its position in Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after purchasing an additional 185 shares during the period. Sound Income Strategies LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 12.5% during 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 last quarter. Johnson Bixby & Associates LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.4% during the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock worth $359,000 after acquiring an additional 294 shares in the last quarter. Argus Investors Counsel Inc. lifted its position in Schwab US Dividend Equity ETF by 8.0% in 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 in the last quarter. Finally, O ROURKE & COMPANY Inc boosted its stake in 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 purchasing an additional 366 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.56 on Monday. The company has a market cap of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The business has a 50 day moving average price of $27.85 and a 200-day moving average price of $27.98.

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.