Benchmark Financial Wealth Advisors LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Benchmark Financial Wealth Advisors LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 217.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 321,972 shares of the company’s stock after buying an additional 220,648 shares during the period. Schwab US Dividend Equity ETF comprises approximately 2.8% of Benchmark Financial Wealth Advisors LLC’s holdings, making the stock its 10th largest holding. Benchmark Financial Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,796,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Colorado Capital Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after buying an additional 121 shares in the last quarter. Sunflower Bank N.A. grew its position in Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after acquiring an additional 185 shares during the last quarter. Sound Income Strategies LLC increased its holdings in Schwab US Dividend Equity ETF by 12.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after purchasing an additional 191 shares in the last quarter. San Luis Wealth Advisors LLC raised its position in Schwab US Dividend Equity ETF by 2.0% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 12,781 shares of the company’s stock valued at $1,080,000 after purchasing an additional 247 shares during the last quarter. Finally, Johnson Bixby & Associates LLC boosted its stake in Schwab US Dividend Equity ETF by 7.4% in the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock worth $359,000 after purchasing an additional 294 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.95 on Thursday. The business has a fifty day moving average of $27.95 and a 200-day moving average of $27.97. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The firm has a market cap of $19.61 billion, a PE ratio of 15.04 and a beta of 0.74.

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.