Elevation Wealth Partners LLC Has $2.50 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Elevation Wealth Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 91,625 shares of the company’s stock after buying an additional 62,307 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.1% of Elevation Wealth Partners LLC’s holdings, making the stock its 23rd biggest position. Elevation Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,503,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the second quarter worth approximately $879,000. Alpha Financial Partners LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $1,283,000. Valeo Financial Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 18.9% during the 3rd quarter. Valeo Financial Advisors LLC now owns 12,086 shares of the company’s stock worth $1,022,000 after purchasing an additional 1,923 shares in the last quarter. HCR Wealth Advisors bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $200,000. Finally, Montis Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 93.3% in the third quarter. Montis Financial LLC now owns 60,544 shares of the company’s stock worth $5,118,000 after purchasing an additional 29,215 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.7 %

SCHD opened at $27.56 on Monday. The stock has a market capitalization of $19.33 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 simple moving average of $27.85 and a 200 day simple moving average of $27.98.

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.