Merkkuri Wealth Advisors LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 209.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 375,023 shares of the company’s stock after purchasing an additional 253,768 shares during the period. Schwab US Dividend Equity ETF accounts for about 8.1% of Merkkuri Wealth Advisors LLC’s portfolio, making the stock its largest holding. Merkkuri Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,246,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 213.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 197,642 shares of the company’s stock valued at $5,400,000 after buying an additional 134,494 shares during the period. Juncture Wealth Strategies LLC raised its holdings in Schwab US Dividend Equity ETF by 224.5% in the 4th quarter. Juncture Wealth Strategies LLC now owns 354,989 shares of the company’s stock valued at $9,698,000 after acquiring an additional 245,583 shares in the last quarter. Stewardship Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 167.2% during the 4th quarter. Stewardship Advisors LLC now owns 48,587 shares of the company’s stock valued at $1,327,000 after acquiring an additional 30,404 shares during the period. Nikulski Financial Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 198.8% during the 4th quarter. Nikulski Financial Inc. now owns 120,560 shares of the company’s stock worth $3,294,000 after purchasing an additional 80,208 shares in the last quarter. Finally, Toth Financial Advisory Corp increased its position in shares of Schwab US Dividend Equity ETF by 185.9% in the fourth quarter. Toth Financial Advisory Corp now owns 8,884 shares of the company’s stock worth $243,000 after purchasing an additional 5,777 shares during the period.
Schwab US Dividend Equity ETF Stock Performance
Shares of SCHD stock opened at $28.07 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The company has a market cap of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74. The stock’s fifty day moving average price is $28.10 and its two-hundred day moving average price is $27.90.
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.
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