Smith Salley Wealth Management Raises Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Smith Salley Wealth Management lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 254.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,697 shares of the company’s stock after buying an additional 6,963 shares during the period. Smith Salley Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SCHD. Central Pacific Bank Trust Division boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. IFS Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $34,000. Finally, Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000.

Schwab US Dividend Equity ETF Stock Up 0.6 %

NYSEARCA:SCHD opened at $27.99 on Monday. The business’s 50 day moving average is $28.19 and its two-hundred day moving average is $27.84. Schwab US Dividend Equity ETF has a 52 week low of $25.03 and a 52 week high of $29.72. The company has a market cap of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74.

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.