Sensible Money LLC Acquires 5,693 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sensible Money LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 8,539 shares of the company’s stock after purchasing an additional 5,693 shares during the period. Sensible Money LLC’s holdings in Schwab US Dividend Equity ETF were worth $233,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter worth about $38,000. Finally, Phillips Financial Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after buying an additional 391 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The company has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business’s 50 day moving average price is $27.85 and its two-hundred day moving average price is $27.98.

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.