CM Wealth Advisors LLC Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CM Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,883 shares of the company’s stock after buying an additional 9,922 shares during the quarter. CM Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division lifted its stake 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 purchasing an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $26,000. Ritter Daniher Financial Advisory LLC DE grew its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth 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 period. Moisand Fitzgerald Tamayo LLC increased its position in shares of Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares in the last quarter. Finally, PFG Private Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.3 %

NYSEARCA:SCHD opened at $25.30 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market capitalization of $63.76 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86. The firm’s fifty day simple moving average is $27.47 and its 200 day simple moving average is $27.96.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders 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.