Members Wealth LLC Acquires 8,151 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Members Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 136,376 shares of the company’s stock after acquiring an additional 8,151 shares during the quarter. Schwab US Dividend Equity ETF accounts for 2.9% of Members Wealth LLC’s holdings, making the stock its 7th biggest position. Members Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,813,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Capital & Planning LLC increased its stake in shares of Schwab US Dividend Equity ETF by 128.2% in the fourth quarter. Capital & Planning LLC now owns 21,196 shares of the company’s stock worth $579,000 after acquiring an additional 11,906 shares during the period. Ironwood Wealth Management LLC. grew its position in Schwab US Dividend Equity ETF by 413.8% during the fourth quarter. Ironwood Wealth Management LLC. now owns 16,391 shares of the company’s stock valued at $448,000 after buying an additional 13,201 shares during the period. Eagle Capital Management LLC grew its position in Schwab US Dividend Equity ETF by 204.9% during the fourth quarter. Eagle Capital Management LLC now owns 862,365 shares of the company’s stock valued at $23,560,000 after buying an additional 579,549 shares during the period. Brighton Jones LLC grew its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares during the period. Finally, Revolve Wealth Partners LLC grew its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $26.86 on Thursday. The firm has a market cap of $69.84 billion, a PE ratio of 15.93 and a beta of 0.82. The firm’s fifty day moving average is $25.86 and its 200 day moving average is $27.22. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72.

Schwab US Dividend Equity ETF Company 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.