Independent Solutions Wealth Management LLC Buys 62,439 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Independent Solutions Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 185.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,058 shares of the company’s stock after purchasing an additional 62,439 shares during the period. Independent Solutions Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,624,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHD. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Hobbs Group Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $68,000. Prospera Private Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $73,000. Central Pacific Bank Trust Division increased its position in shares of 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. Finally, Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000.

Schwab US Dividend Equity ETF Trading Down 0.3 %

SCHD stock opened at $27.95 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The business’s 50-day moving average price is $27.94 and its two-hundred day moving average price is $28.13. The firm has a market cap of $69.32 billion, a PE ratio of 17.56 and a beta of 0.86.

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.