Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Walled Lake Planning & Wealth Management LLC

Walled Lake Planning & Wealth Management LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 415,640 shares of the company’s stock after buying an additional 279,503 shares during the period. Schwab US Dividend Equity ETF accounts for 4.2% of Walled Lake Planning & Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Walled Lake Planning & Wealth Management LLC owned 0.06% of Schwab US Dividend Equity ETF worth $11,355,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Anchor Investment Management LLC increased its holdings in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the last quarter. Bernardo Wealth Planning LLC lifted its stake in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock valued at $366,000 after buying an additional 498 shares during the period. Central Pacific Bank Trust Division grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the period. Finally, Cobblestone Capital Advisors LLC NY increased its stake in shares of Schwab US Dividend Equity ETF by 9.1% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 7,421 shares of the company’s stock valued at $627,000 after acquiring an additional 618 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.58 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The firm has a market capitalization of $69.50 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86. The company’s 50 day simple moving average is $27.97 and its 200 day simple moving average is $28.13.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be issued a $0.2488 dividend. The ex-dividend date of this dividend is Wednesday, March 26th.

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.