White Lighthouse Investment Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 52.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 187,668 shares of the company’s stock after acquiring an additional 64,483 shares during the period. Schwab US Dividend Equity ETF accounts for about 0.7% of White Lighthouse Investment Management Inc.’s portfolio, making the stock its 29th largest position. White Lighthouse Investment Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,148,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. Daviman Financial LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $268,000. Lloyd Advisory Services LLC. bought a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $109,000. Karras Company Inc. bought a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $8,273,000. Advisory Alpha LLC boosted its position in Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Advisory Alpha LLC now owns 623,081 shares of the company’s stock worth $17,091,000 after purchasing an additional 3,252 shares during the period. Finally, Insight Inv LLC boosted its position in Schwab US Dividend Equity ETF by 29.1% during the fourth quarter. Insight Inv LLC now owns 32,229 shares of the company’s stock worth $884,000 after purchasing an additional 7,255 shares during the period.
Schwab US Dividend Equity ETF Stock Up 1.8%
Shares of NYSEARCA:SCHD opened at $32.83 on Friday. The firm has a market capitalization of $93.19 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $25.69 and a twelve month high of $32.88. The company has a 50-day moving average price of $31.13 and a two-hundred day moving average price of $29.65.
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.
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