Wynn Capital LLC Buys 6,080 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wynn Capital LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 154.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,005 shares of the company’s stock after purchasing an additional 6,080 shares during the quarter. Wynn Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $273,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHD. Sovereign Financial Group Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 415.8% during the 4th quarter. Sovereign Financial Group Inc. now owns 14,098 shares of the company’s stock valued at $385,000 after purchasing an additional 11,365 shares in the last quarter. Safeguard Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 242.0% in the fourth quarter. Safeguard Financial LLC now owns 66,756 shares of the company’s stock valued at $1,824,000 after buying an additional 47,239 shares during the period. Fiduciary Financial Group LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $225,000. Mayfair Advisory Group LLC grew its position in shares of Schwab US Dividend Equity ETF by 212.7% during the 4th quarter. Mayfair Advisory Group LLC now owns 454,919 shares of the company’s stock worth $12,428,000 after buying an additional 309,451 shares during the period. Finally, Quantum Financial Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $696,000.

Schwab US Dividend Equity ETF Stock Up 0.8 %

Shares of NYSEARCA SCHD opened at $27.52 on Wednesday. The firm has a market cap of $19.31 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s fifty day simple moving average is $28.26 and its 200 day simple moving average is $27.79. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month high of $29.72.

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.