Schrum Private Wealth Management LLC Has $780,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Schrum Private Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 51.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,544 shares of the company’s stock after acquiring an additional 9,696 shares during the period. Schrum Private Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $780,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. QRG Capital Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 5.3% during the third quarter. QRG Capital Management Inc. now owns 15,402 shares of the company’s stock worth $1,302,000 after buying an additional 772 shares in the last quarter. NorthRock Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 174.2% in the 3rd quarter. NorthRock Partners LLC now owns 8,468 shares of the company’s stock worth $716,000 after purchasing an additional 5,380 shares in the last quarter. Beacon Financial Advisory LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $282,000. Benchmark Financial Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 6.7% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 101,324 shares of the company’s stock worth $8,565,000 after buying an additional 6,386 shares during the period. Finally, White Lighthouse Investment Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 1.2% during the 3rd quarter. White Lighthouse Investment Management Inc. now owns 42,706 shares of the company’s stock valued at $3,610,000 after buying an additional 494 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $28.05 on Thursday. The firm has a 50-day moving average of $27.82 and a 200 day moving average of $28.12. The company has a market cap of $68.72 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72.

Schwab US Dividend Equity ETF 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.