Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Altus Wealth Group LLC

Altus Wealth Group LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 221.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,227 shares of the company’s stock after purchasing an additional 30,471 shares during the period. Altus Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,208,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $38,000. Phillips Financial Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after acquiring an additional 391 shares in the last quarter. Hobbs Group Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $68,000. Finally, Prospera Private Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $73,000.

Schwab US Dividend Equity ETF Trading Up 1.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.64 on Friday. The firm’s 50 day simple moving average is $27.89 and its two-hundred day simple moving average is $28.13. The firm has a market capitalization of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72.

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.