Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Opes Wealth Management LLC

Opes Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 298.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,997 shares of the company’s stock after acquiring an additional 62,191 shares during the period. Opes Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,267,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SCHD. Valmark Advisers Inc. increased its stake in Schwab US Dividend Equity ETF by 223.1% in the 4th quarter. Valmark Advisers Inc. now owns 2,947,348 shares of the company’s stock worth $80,522,000 after purchasing an additional 2,035,232 shares in the last quarter. MOKAN Wealth Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $3,839,000. Csenge Advisory Group increased its stake in Schwab US Dividend Equity ETF by 2.7% in the 4th quarter. Csenge Advisory Group now owns 229,340 shares of the company’s stock worth $6,266,000 after purchasing an additional 5,940 shares in the last quarter. Palouse Capital Management Inc. increased its stake in Schwab US Dividend Equity ETF by 140.7% in the 4th quarter. Palouse Capital Management Inc. now owns 3,661 shares of the company’s stock worth $100,000 after purchasing an additional 2,140 shares in the last quarter. Finally, Game Plan Financial Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 200.4% in the 4th quarter. Game Plan Financial Advisors LLC now owns 149,159 shares of the company’s stock worth $4,063,000 after purchasing an additional 99,512 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of SCHD opened at $27.79 on Friday. The business’s 50-day moving average price is $27.72 and its 200 day moving average price is $28.00. The stock has a market capitalization of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year 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.