Drive Wealth Management LLC Has $324,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Drive Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 250.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,861 shares of the company’s stock after buying an additional 8,473 shares during the quarter. Drive Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $324,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SCHD. Colorado Capital Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after purchasing an additional 121 shares in the last quarter. Ascent Group LLC increased its holdings in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after purchasing an additional 145 shares in the last quarter. Sunflower Bank N.A. grew its holdings in shares of Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after acquiring an additional 185 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after acquiring an additional 191 shares in the last quarter. Finally, waypoint wealth counsel grew its holdings in shares of Schwab US Dividend Equity ETF by 0.9% in the 3rd quarter. waypoint wealth counsel now owns 24,844 shares of the company’s stock valued at $2,100,000 after acquiring an additional 215 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.45 on Tuesday. The stock has a market capitalization of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50-day moving average of $28.10 and a 200-day moving average of $27.92. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.