Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Graves Light Lenhart Wealth Inc.

Graves Light Lenhart Wealth Inc. grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 607,770 shares of the company’s stock after purchasing an additional 406,814 shares during the quarter. Schwab US Dividend Equity ETF accounts for 2.1% of Graves Light Lenhart Wealth Inc.’s investment portfolio, making the stock its 14th biggest position. Graves Light Lenhart Wealth Inc.’s holdings in Schwab US Dividend Equity ETF were worth $16,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of SCHD. Central Pacific Bank Trust Division lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Kennebec Savings Bank acquired a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $31,000. Barrett & Company Inc. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $38,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.30 on Tuesday. The company has a market cap of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $24.97 and a 12 month high of $29.72. The company has a fifty day moving average price of $28.27 and a two-hundred day moving average price of $27.78.

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.