Modus Advisors LLC Has $1.60 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Modus Advisors LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 58,402 shares of the company’s stock after buying an additional 38,893 shares during the period. Modus Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,596,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Financial Gravity Asset Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $25,000. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Barrett & Company Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $34,000. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $38,000.

Schwab US Dividend Equity ETF Trading Up 0.3 %

SCHD traded up $0.09 on Friday, reaching $27.35. The stock had a trading volume of 2,520,871 shares, compared to its average volume of 9,612,156. The company has a market capitalization of $19.19 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The firm has a 50-day moving average of $28.40 and a 200-day moving average of $27.69.

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.