Iams Wealth Management LLC Buys 25,689 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Iams Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 421.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,790 shares of the company’s stock after buying an additional 25,689 shares during the quarter. Iams Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $869,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Central Pacific Bank Trust Division grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth 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 bought a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $26,000. IFS Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Finally, Olistico Wealth LLC increased its stake in Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $28.14 on Wednesday. The stock has a 50 day moving average price of $28.08 and a 200-day moving average price of $27.94. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The company has a market capitalization of $19.74 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.