Sard Wealth Management Group LLC Acquires 274,473 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sard Wealth Management Group LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 413,673 shares of the company’s stock after acquiring an additional 274,473 shares during the period. Schwab US Dividend Equity ETF comprises 7.6% of Sard Wealth Management Group LLC’s portfolio, making the stock its 6th largest holding. Sard Wealth Management Group LLC owned approximately 0.06% of Schwab US Dividend Equity ETF worth $11,302,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Keystone Financial Planning Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. Marquette Asset Management LLC raised its stake in Schwab US Dividend Equity ETF by 200.7% in the 4th quarter. Marquette Asset Management LLC now owns 2,017,395 shares of the company’s stock valued at $55,115,000 after purchasing an additional 1,346,461 shares during the last quarter. Burkett Financial Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 201.1% in the 4th quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock valued at $42,131,000 after purchasing an additional 1,030,031 shares in the last quarter. Noble Family Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 215.4% during the 4th quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock worth $32,737,000 after purchasing an additional 821,050 shares during the last quarter. Finally, Park Avenue Securities LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 232.3% during the fourth quarter. Park Avenue Securities LLC now owns 931,020 shares of the company’s stock worth $25,435,000 after buying an additional 650,852 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.83 on Friday. The firm has a market cap of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The firm’s 50 day moving average price is $28.21 and its 200 day moving average price is $27.79.

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.