WealthBridge Capital Management LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

WealthBridge Capital Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,665 shares of the company’s stock after acquiring an additional 32,230 shares during the period. WealthBridge Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,302,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $34,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000. Finally, Phillips Financial Management LLC increased its stake in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $28.18 on Thursday. The stock has a 50 day moving average price of $27.69 and a 200-day moving average price of $28.01. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company has a market capitalization of $69.04 billion, a P/E ratio of 17.48 and a beta of 0.88.

About Schwab US Dividend Equity ETF

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.