Whitener Capital Management Inc. Purchases 49,460 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Whitener Capital Management Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,778 shares of the company’s stock after acquiring an additional 49,460 shares during the quarter. Whitener Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,043,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SCHD. Keystone Financial Planning Inc. lifted its stake in Schwab US Dividend Equity ETF by 188.6% during the fourth 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 during the last quarter. Marquette Asset Management LLC boosted its stake in Schwab US Dividend Equity ETF by 200.7% in the fourth quarter. Marquette Asset Management LLC now owns 2,017,395 shares of the company’s stock worth $55,115,000 after buying an additional 1,346,461 shares in the last quarter. Burkett Financial Services LLC grew its position in Schwab US Dividend Equity ETF by 201.1% during the fourth quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock valued at $42,131,000 after acquiring an additional 1,030,031 shares during the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 213.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,409,906 shares of the company’s stock worth $38,519,000 after acquiring an additional 960,196 shares in the last quarter. Finally, Noble Family Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 215.4% in the 4th quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock worth $32,737,000 after acquiring an additional 821,050 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.99 on Friday. The firm has a market cap of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average is $28.19 and its 200 day moving average is $27.81. Schwab US Dividend Equity ETF has a 52 week low of $25.03 and a 52 week 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.