Unique Wealth Strategies LLC Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Unique Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 5,500 shares of the company’s stock, valued at approximately $419,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $228,390,000. International Assets Investment Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $89,561,000. LPL Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares in the last quarter. DDD Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 12,161.9% in the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after buying an additional 484,167 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 34.1% in the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock valued at $132,545,000 after buying an additional 476,951 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of NYSEARCA:SCHD traded down $0.08 during midday trading on Friday, hitting $77.48. The stock had a trading volume of 2,394,771 shares, compared to its average volume of 3,622,651. The business’s 50-day simple moving average is $78.31 and its 200-day simple moving average is $75.23. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The company has a market cap of $54.20 billion, a P/E ratio of 14.82 and a beta of 0.77.

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.