Signal Advisors Wealth LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Signal Advisors Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 233.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 277,296 shares of the company’s stock after purchasing an additional 194,234 shares during the quarter. Schwab US Dividend Equity ETF comprises about 0.9% of Signal Advisors Wealth LLC’s investment portfolio, making the stock its 23rd biggest holding. Signal Advisors Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Schwab US Dividend Equity ETF Stock Up 1.1 %

SCHD stock opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72. The stock has a market capitalization of $19.15 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s fifty day simple moving average is $28.27 and its two-hundred day simple moving average is $27.78.

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.