Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,732 shares of the company’s stock after purchasing an additional 2,488 shares during the period. Prestige Wealth Management Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC lifted its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $163,000. Tenon Financial LLC increased its position in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 195.0% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after acquiring an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.9 %

Shares of NYSEARCA:SCHD opened at $27.84 on Wednesday. The company has a market capitalization of $69.04 billion, a P/E ratio of 17.56 and a beta of 0.86. The stock’s fifty day simple moving average is $27.98 and its 200-day simple moving average is $28.14. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.