Arkadios Wealth Advisors Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Arkadios Wealth Advisors lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 213.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,114 shares of the company’s stock after buying an additional 56,571 shares during the quarter. Arkadios Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $2,271,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHD. Dominguez Wealth Management Solutions Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 201.0% in the 4th quarter. Dominguez Wealth Management Solutions Inc. now owns 23,818 shares of the company’s stock valued at $651,000 after acquiring an additional 15,905 shares during the period. B & T Capital Management DBA Alpha Capital Management increased its stake in Schwab US Dividend Equity ETF by 194.0% in the 4th quarter. B & T Capital Management DBA Alpha Capital Management now owns 138,128 shares of the company’s stock valued at $3,774,000 after buying an additional 91,145 shares during the period. Dakota Community Bank & Trust NA acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $40,000. TrueWealth Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 153.1% in the 4th quarter. TrueWealth Advisors LLC now owns 224,124 shares of the company’s stock valued at $6,123,000 after buying an additional 135,561 shares during the period. Finally, LongView Wealth Management increased its stake in Schwab US Dividend Equity ETF by 250.0% in the 4th quarter. LongView Wealth Management now owns 767,433 shares of the company’s stock valued at $20,966,000 after buying an additional 548,146 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.99 on Friday. The stock has a market capitalization of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. The company’s fifty day moving average is $28.19 and its two-hundred day moving average is $27.82. Schwab US Dividend Equity ETF has a 1 year low of $25.03 and a 1 year 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.