WESPAC Advisors SoCal LLC Buys 5,905 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

WESPAC Advisors SoCal LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 186.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,075 shares of the company’s stock after acquiring an additional 5,905 shares during the period. WESPAC Advisors SoCal LLC’s holdings in Schwab US Dividend Equity ETF were worth $248,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,000. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $34,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $38,000. Finally, Quent Capital LLC boosted its stake in Schwab US Dividend Equity ETF by 86.6% in the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after acquiring an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4 %

Shares of SCHD opened at $27.72 on Tuesday. The company has a market cap of $19.45 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The company has a 50 day moving average of $28.02 and a two-hundred day moving average of $27.96.

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.