Modera Wealth Management LLC Buys 20,615 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Modera Wealth Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 187.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 31,598 shares of the company’s stock after buying an additional 20,615 shares during the period. Modera Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $863,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $38,000. Phillips Financial Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after buying an additional 391 shares during the last quarter. Finally, Hobbs Group Advisors LLC acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $68,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $28.40 on Tuesday. The firm’s 50 day moving average price is $27.80 and its two-hundred day moving average price is $28.12. The stock has a market cap of $69.58 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.