Ethos Financial Group LLC Buys 29,706 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ethos Financial Group LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 265.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,890 shares of the company’s stock after buying an additional 29,706 shares during the period. Ethos Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,117,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $38,000. Phillips Financial Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares in the last quarter. Finally, Hobbs Group Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $68,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.05 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The stock has a market capitalization of $68.72 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The company has a fifty day moving average of $27.82 and a 200-day moving average of $28.12.

Schwab US Dividend Equity ETF 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.