Angeles Wealth Management LLC Acquires 10,470 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Angeles Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34,900.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,500 shares of the company’s stock after purchasing an additional 10,470 shares during the quarter. Angeles Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $287,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of SCHD. Liberty Capital Management Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 198.4% in the fourth quarter. Liberty Capital Management Inc. now owns 73,886 shares of the company’s stock valued at $2,019,000 after purchasing an additional 49,125 shares in the last quarter. OMC Financial Services LTD lifted its stake in Schwab US Dividend Equity ETF by 211.3% in the 4th quarter. OMC Financial Services LTD now owns 21,258 shares of the company’s stock valued at $581,000 after acquiring an additional 14,430 shares in the last quarter. Activest Wealth Management boosted its position in Schwab US Dividend Equity ETF by 331.6% during the 4th quarter. Activest Wealth Management now owns 7,424 shares of the company’s stock worth $203,000 after acquiring an additional 5,704 shares during the last quarter. Stone Summit Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Stone Summit Wealth LLC now owns 12,561 shares of the company’s stock worth $343,000 after acquiring an additional 8,374 shares in the last quarter. Finally, Reliant Wealth Planning raised its holdings in shares of Schwab US Dividend Equity ETF by 157.0% in the fourth quarter. Reliant Wealth Planning now owns 1,584,366 shares of the company’s stock valued at $43,285,000 after purchasing an additional 967,841 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.4 %

Shares of SCHD opened at $27.68 on Tuesday. The stock has a market capitalization of $19.42 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The firm has a fifty day simple moving average of $27.85 and a 200 day simple moving average of $27.99.

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.