Soundwatch Capital LLC Buys 25,785 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Soundwatch Capital LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 277.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,088 shares of the company’s stock after purchasing an additional 25,785 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 0.1% of Soundwatch Capital LLC’s investment portfolio, making the stock its 15th largest position. Soundwatch Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $959,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Shakespeare Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 208.7% during the fourth quarter. Shakespeare Wealth Management LLC now owns 13,300 shares of the company’s stock worth $363,000 after purchasing an additional 8,991 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 376.0% during the 4th quarter. Cerity Partners LLC now owns 5,635,367 shares of the company’s stock worth $153,993,000 after buying an additional 4,451,417 shares in the last quarter. Ritter Daniher Financial Advisory LLC DE lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after buying an additional 650 shares during the last quarter. Trek Financial LLC boosted its stake in Schwab US Dividend Equity ETF by 128.4% in the fourth quarter. Trek Financial LLC now owns 67,453 shares of the company’s stock valued at $1,843,000 after buying an additional 37,923 shares in the last quarter. Finally, Federated Hermes Inc. grew its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Federated Hermes Inc. now owns 22,845 shares of the company’s stock valued at $624,000 after acquiring an additional 15,230 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 5.4 %

SCHD stock opened at $25.28 on Monday. The firm has a 50-day moving average price of $27.88 and a 200-day moving average price of $28.11. Schwab US Dividend Equity ETF has a 12 month low of $24.49 and a 12 month high of $29.72. The stock has a market capitalization of $63.71 billion, a P/E ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.