TrueWealth Advisors LLC Has $6.12 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

TrueWealth Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 153.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 224,124 shares of the company’s stock after buying an additional 135,561 shares during the period. Schwab US Dividend Equity ETF comprises 2.0% of TrueWealth Advisors LLC’s portfolio, making the stock its 9th largest position. TrueWealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,123,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. LongView Wealth Management boosted its holdings in shares of Schwab US Dividend Equity ETF by 250.0% during the fourth quarter. LongView Wealth Management now owns 767,433 shares of the company’s stock valued at $20,966,000 after acquiring an additional 548,146 shares during the period. Whitener Capital Management Inc. lifted its position in Schwab US Dividend Equity ETF by 195.4% in the 4th quarter. Whitener Capital Management Inc. now owns 74,778 shares of the company’s stock valued at $2,043,000 after purchasing an additional 49,460 shares during the last quarter. Sax Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sax Wealth Advisors LLC now owns 7,422 shares of the company’s stock valued at $203,000 after purchasing an additional 4,948 shares during the period. Merit Financial Group LLC grew its position in Schwab US Dividend Equity ETF by 164.5% in the 4th quarter. Merit Financial Group LLC now owns 1,002,360 shares of the company’s stock worth $27,384,000 after purchasing an additional 623,330 shares during the last quarter. Finally, Grant GrossMendelsohn LLC increased its stake in shares of Schwab US Dividend Equity ETF by 236.5% in the fourth quarter. Grant GrossMendelsohn LLC now owns 18,426 shares of the company’s stock valued at $503,000 after purchasing an additional 12,951 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.03 and a 12-month high of $29.72. The firm has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50 day simple moving average of $28.19 and a 200 day simple moving average of $27.81.

About Schwab US Dividend Equity ETF

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.