Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Marcum Wealth LLC

Marcum Wealth LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,252 shares of the company’s stock after buying an additional 29,568 shares during the period. Marcum Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Central Pacific Bank Trust Division raised its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Barrett & Company Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $38,000.

Schwab US Dividend Equity ETF Stock Up 1.1 %

Shares of SCHD opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The stock has a fifty day simple moving average of $28.27 and a two-hundred day simple moving average of $27.78. The company has a market capitalization of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74.

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.