Silver Lake Advisory LLC Has $392,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Silver Lake Advisory LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,337 shares of the company’s stock after buying an additional 9,598 shares during the quarter. Silver Lake Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $392,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of SCHD. MFA Wealth Services acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $9,151,000. McGlone Suttner Wealth Management Inc. grew its stake in Schwab US Dividend Equity ETF by 168.3% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 39,998 shares of the company’s stock valued at $1,093,000 after purchasing an additional 25,089 shares in the last quarter. Financial Partners Group LLC raised its stake in shares of Schwab US Dividend Equity ETF by 201.0% during the 4th quarter. Financial Partners Group LLC now owns 23,228 shares of the company’s stock worth $635,000 after purchasing an additional 15,510 shares in the last quarter. Cornerstone Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 209.7% in the 4th quarter. Cornerstone Wealth Management LLC now owns 32,073 shares of the company’s stock valued at $876,000 after buying an additional 21,718 shares during the last quarter. Finally, Johnson Bixby & Associates LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Johnson Bixby & Associates LLC now owns 12,727 shares of the company’s stock valued at $348,000 after buying an additional 8,486 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.09 on Friday. The company has a fifty day moving average price of $28.13 and a two-hundred day moving average price of $27.87. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The stock has a market cap of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.