Western Wealth Management LLC Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Western Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,476 shares of the company’s stock after acquiring an additional 14,077 shares during the quarter. Western Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,670,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. Fortune 45 LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.6% during the first quarter. Fortune 45 LLC now owns 82,847 shares of the company’s stock valued at $6,535,000 after acquiring an additional 2,904 shares during the last quarter. United Bank grew its holdings in Schwab US Dividend Equity ETF by 7.6% during the first quarter. United Bank now owns 47,346 shares of the company’s stock valued at $3,735,000 after purchasing an additional 3,357 shares during the period. MAS Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 32.9% during the first quarter. MAS Advisors LLC now owns 38,659 shares of the company’s stock valued at $3,087,000 after purchasing an additional 9,564 shares during the period. Bank of New York Mellon Corp grew its holdings in Schwab US Dividend Equity ETF by 10.0% during the first quarter. Bank of New York Mellon Corp now owns 29,004 shares of the company’s stock valued at $2,288,000 after purchasing an additional 2,629 shares during the period. Finally, Citigroup Inc. grew its holdings in Schwab US Dividend Equity ETF by 53.4% during the first quarter. Citigroup Inc. now owns 50,347 shares of the company’s stock valued at $3,972,000 after purchasing an additional 17,526 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD traded up $0.01 on Thursday, hitting $75.82. 2,609,812 shares of the stock traded hands, compared to its average volume of 3,675,388. The business’s fifty day moving average is $78.25 and its two-hundred day moving average is $74.86. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The firm has a market capitalization of $53.13 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

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.