Schwab US Dividend Equity ETF $SCHD Position Increased by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 36.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 342,490 shares of the company’s stock after acquiring an additional 90,684 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 5.7% of Kellett Wealth Advisors LLC’s portfolio, making the stock its 4th largest holding. Kellett Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,508,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SCHD. Elmwood Wealth Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $1,003,000. Bell Bank increased its holdings in shares of Schwab US Dividend Equity ETF by 53.3% in the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after purchasing an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after purchasing an additional 30,146 shares in the last quarter. BIP Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $1,589,000. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Schwab US Dividend Equity ETF by 18.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after purchasing an additional 82,981 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $32.40 on Monday. The company’s 50-day moving average price is $32.17 and its 200 day moving average price is $30.91. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $32.92. The company has a market cap of $98.40 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.