Morling Financial Advisors LLC Increases Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Morling Financial Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,602 shares of the company’s stock after acquiring an additional 25,068 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.4% of Morling Financial Advisors LLC’s holdings, making the stock its 27th largest position. Morling Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,027,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Atria Investments Inc raised its stake in shares of Schwab US Dividend Equity ETF by 5.9% in the third quarter. Atria Investments Inc now owns 136,960 shares of the company’s stock valued at $11,577,000 after buying an additional 7,599 shares during the period. Tyler Stone Wealth Management raised its stake in shares of Schwab US Dividend Equity ETF by 224.6% in the third quarter. Tyler Stone Wealth Management now owns 2,691 shares of the company’s stock valued at $227,000 after buying an additional 1,862 shares during the period. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $31,000. Patten & Patten Inc. TN raised its stake in shares of Schwab US Dividend Equity ETF by 10.4% in the third quarter. Patten & Patten Inc. TN now owns 10,255 shares of the company’s stock valued at $867,000 after buying an additional 970 shares during the period. Finally, Beam Wealth Advisors Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 1.4% in the third quarter. Beam Wealth Advisors Inc. now owns 30,773 shares of the company’s stock valued at $2,601,000 after buying an additional 429 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.38 on Tuesday. The firm has a market cap of $70.38 billion, a PE ratio of 17.56 and a beta of 0.86. The stock’s fifty day moving average price is $27.87 and its two-hundred day moving average price is $28.14. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72.

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.