Kingswood Wealth Advisors LLC Purchases 39,996 Shares of Schwab US Dividend Equity ETF $SCHD

Kingswood Wealth Advisors LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.2% during the 4th quarter, Holdings Channel reports. The firm owned 322,117 shares of the company’s stock after acquiring an additional 39,996 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,836,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Emprise Bank bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $238,000. Bedel Financial Consulting Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 62.7% in the fourth quarter. Bedel Financial Consulting Inc. now owns 33,075 shares of the company’s stock worth $907,000 after purchasing an additional 12,749 shares during the last quarter. Key Client Fiduciary Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $620,000. TABR Capital Management LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $482,000. Finally, Leelyn Smith LLC boosted its holdings in Schwab US Dividend Equity ETF by 5.1% in the fourth quarter. Leelyn Smith LLC now owns 1,543,239 shares of the company’s stock valued at $42,331,000 after acquiring an additional 74,407 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2%

NYSEARCA:SCHD opened at $30.98 on Wednesday. The stock has a market cap of $87.07 billion, a P/E ratio of 14.57 and a beta of 0.70. The firm’s fifty day simple moving average is $31.01 and its 200 day simple moving average is $28.96. Schwab US Dividend Equity ETF has a twelve month low of $25.11 and a twelve month high of $31.95.

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.