Accredited Wealth Management LLC Purchases Shares of 231,204 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Accredited Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 231,204 shares of the company’s stock, valued at approximately $6,317,000. Schwab US Dividend Equity ETF makes up 5.5% of Accredited Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding.

A number of other large investors also recently modified their holdings of SCHD. Bernardo Wealth Planning LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock worth $366,000 after buying an additional 498 shares in the last quarter. Central Pacific Bank Trust Division lifted its stake in 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 worth $25,000 after purchasing an additional 604 shares in the last quarter. Ritter Daniher Financial Advisory LLC DE lifted its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares in the last quarter. PFG Private Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares in the last quarter. Finally, IFS Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.4 %

NYSEARCA:SCHD opened at $26.06 on Friday. The company has a market capitalization of $67.23 billion, a P/E ratio of 15.04 and a beta of 0.83. The business’s 50-day moving average is $26.76 and its 200 day moving average is $27.69. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

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

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.