Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Whelan Financial

Whelan Financial boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 530,393 shares of the company’s stock after acquiring an additional 19,164 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 18.8% of Whelan Financial’s portfolio, making the stock its 2nd largest position. Whelan Financial’s holdings in Schwab US Dividend Equity ETF were worth $40,379,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Alterity Financial Group LLC increased its stake in shares of Schwab US Dividend Equity ETF by 4.9% in the 4th quarter. Alterity Financial Group LLC now owns 5,035 shares of the company’s stock valued at $383,000 after acquiring an additional 234 shares during the last quarter. Transform Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 47.5% in the 4th quarter. Transform Wealth LLC now owns 39,081 shares of the company’s stock valued at $2,975,000 after buying an additional 12,581 shares in the last quarter. RHS Financial LLC raised its stake in Schwab US Dividend Equity ETF by 7.9% during the 4th quarter. RHS Financial LLC now owns 25,351 shares of the company’s stock worth $1,930,000 after buying an additional 1,847 shares during the period. Successful Portfolios LLC acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $310,000. Finally, Smithbridge Asset Management Inc. DE increased its holdings in shares of Schwab US Dividend Equity ETF by 3.2% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 72,450 shares of the company’s stock worth $5,516,000 after acquiring an additional 2,240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD traded up $0.40 during trading hours on Thursday, reaching $80.63. 3,003,827 shares of the company’s stock were exchanged, compared to its average volume of 3,672,940. The company has a market capitalization of $53.07 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88. The company’s 50-day moving average is $77.81 and its two-hundred day moving average is $74.26. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82.

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.