MBE Wealth Management LLC Raises Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MBE Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.1% in the 4th quarter, HoldingsChannel reports. The firm owned 46,215 shares of the company’s stock after buying an additional 31,018 shares during the quarter. Schwab US Dividend Equity ETF accounts for 0.7% of MBE Wealth Management LLC’s portfolio, making the stock its 25th biggest position. MBE Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,263,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Central Pacific Bank Trust Division grew its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $26,000. IFS Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $31,000. Finally, Olistico Wealth LLC grew its stake in Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.4 %

Schwab US Dividend Equity ETF stock opened at $28.45 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The firm has a market capitalization of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm has a 50 day simple moving average of $28.10 and a 200 day simple moving average of $27.92.

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.