Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by TruWealth Advisors LLC

TruWealth Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 315,091 shares of the company’s stock after purchasing an additional 208,719 shares during the quarter. TruWealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,635,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Ameritas Advisory Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 217.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 2,173,729 shares of the company’s stock worth $59,386,000 after buying an additional 1,488,281 shares in the last quarter. HB Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 198.9% during the 4th quarter. HB Wealth Management LLC now owns 1,437,279 shares of the company’s stock worth $39,266,000 after acquiring an additional 956,456 shares in the last quarter. Trust Co. of Vermont increased its position in shares of Schwab US Dividend Equity ETF by 217.2% in the 4th quarter. Trust Co. of Vermont now owns 9,192 shares of the company’s stock worth $251,000 after purchasing an additional 6,294 shares during the last quarter. CGN Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 169.8% in the 4th quarter. CGN Advisors LLC now owns 26,690 shares of the company’s stock valued at $729,000 after purchasing an additional 16,797 shares in the last quarter. Finally, Sanibel Captiva Trust Company Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 295.0% during the fourth quarter. Sanibel Captiva Trust Company Inc. now owns 22,449 shares of the company’s stock worth $613,000 after purchasing an additional 16,766 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.6 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.99 on Friday. The business has a 50-day moving average price of $28.19 and a 200 day moving average price of $27.82. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72. The firm has a market cap of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.