Diversify Wealth Management LLC Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Diversify Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 233,549 shares of the company’s stock after buying an additional 4,695 shares during the period. Diversify Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,308,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SCHD. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Barrett & Company Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $38,000. Finally, Quent Capital LLC grew its holdings in Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after acquiring an additional 240 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.99 on Monday. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72. The company has a market cap of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. The business has a fifty day moving average of $28.19 and a two-hundred day moving average of $27.84.

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.