Atomi Financial Group Inc. Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Atomi Financial Group Inc. increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 372.8% during the 4th quarter, Holdings Channel reports. The firm owned 169,673 shares of the company’s stock after purchasing an additional 133,785 shares during the quarter. Atomi Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,635,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SCHD. LPL Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 159.8% during 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 last quarter. Keystone Financial Planning Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after buying an additional 297,674 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after buying an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.99 on Tuesday. The stock has a market capitalization of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72. The firm’s 50 day simple moving average is $28.16 and its two-hundred day simple moving average is $27.85.

About Schwab US Dividend Equity ETF

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.