Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Increased by Smith Salley Wealth Management

Smith Salley Wealth Management raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 254.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,697 shares of the company’s stock after buying an additional 6,963 shares during the period. Smith Salley Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $265,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Orgel Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after purchasing an additional 6,804,908 shares during the period. Raub Brock Capital Management LP increased its stake in shares of Schwab US Dividend Equity ETF by 202.8% in the fourth quarter. Raub Brock Capital Management LP now owns 9,831 shares of the company’s stock worth $269,000 after purchasing an additional 6,584 shares during the period. Triangle Securities Wealth Management bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $421,000. Krilogy Financial LLC increased its stake in shares of Schwab US Dividend Equity ETF by 252.2% in the fourth quarter. Krilogy Financial LLC now owns 99,050 shares of the company’s stock worth $2,706,000 after purchasing an additional 70,926 shares during the period. Finally, TruWealth Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 196.2% in the fourth quarter. TruWealth Advisors LLC now owns 315,091 shares of the company’s stock worth $8,635,000 after purchasing an additional 208,719 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.99 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $25.03 and a 52 week high of $29.72. The firm has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The business’s 50-day simple moving average is $28.19 and its 200-day simple moving average is $27.84.

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.