Secure Asset Management LLC Has $2.71 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Secure Asset Management LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 293.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 99,165 shares of the company’s stock after buying an additional 73,993 shares during the period. Secure Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,709,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Central Pacific Bank Trust Division boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth 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 period. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $26,000. IFS Advisors LLC grew its position in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after acquiring an additional 699 shares during the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Finally, Olistico Wealth LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $28.09 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 capitalization of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74. The business has a 50 day moving average of $28.13 and a 200-day moving average of $27.87.

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.