Transform Wealth LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Transform Wealth LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 316.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 192,865 shares of the company’s stock after acquiring an additional 146,525 shares during the period. Transform Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,269,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Central Pacific Bank Trust Division grew 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 purchasing an additional 604 shares during the period. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. IFS Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th 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 purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $31,000. Finally, Barrett & Company Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $34,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.99 on Tuesday. The firm has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average price of $28.16 and a 200 day moving average price of $27.85. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72.

Schwab US Dividend Equity ETF 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.