Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Boosted by Whelan Financial

Whelan Financial increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 530,393 shares of the company’s stock after purchasing an additional 19,164 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 18.8% of Whelan Financial’s investment portfolio, making the stock its 2nd largest position. Whelan Financial owned about 0.08% of Schwab US Dividend Equity ETF worth $40,379,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Grey Street Capital LLC increased its position in Schwab US Dividend Equity ETF by 1.0% during the fourth quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock worth $1,035,000 after purchasing an additional 136 shares during the last quarter. SVB Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF by 0.6% during the 1st quarter. SVB Wealth LLC now owns 23,813 shares of the company’s stock valued at $1,878,000 after buying an additional 145 shares during the period. FC Advisory LLC lifted its holdings in Schwab US Dividend Equity ETF by 2.2% in the third quarter. FC Advisory LLC now owns 6,988 shares of the company’s stock valued at $494,000 after acquiring an additional 148 shares during the last quarter. Trifecta Capital Advisors LLC grew its position in Schwab US Dividend Equity ETF by 20.0% in the third quarter. Trifecta Capital Advisors LLC now owns 900 shares of the company’s stock worth $64,000 after acquiring an additional 150 shares during the period. Finally, Laraway Financial Advisors Inc increased its stake in Schwab US Dividend Equity ETF by 6.0% during the first quarter. Laraway Financial Advisors Inc now owns 2,630 shares of the company’s stock worth $207,000 after acquiring an additional 150 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock traded up $0.40 during trading hours on Thursday, hitting $80.63. The company’s stock had a trading volume of 3,003,827 shares, compared to its average volume of 3,672,940. The firm has a fifty day moving average of $77.81 and a 200-day moving average of $74.26. The stock has a market cap of $53.07 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82.

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.