Sendero Wealth Management LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sendero Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 323,463 shares of the company’s stock after buying an additional 22,203 shares during the period. Schwab US Dividend Equity ETF comprises 1.3% of Sendero Wealth Management LLC’s portfolio, making the stock its 18th largest holding. Sendero Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,044,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Ritter Daniher Financial Advisory LLC DE lifted its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares during the period. Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares during the period. PFG Private Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares during the last quarter. Mountain Hill Investment Partners Corp. bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Finally, Morton Brown Family Wealth LLC increased its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock valued at $31,000 after acquiring an additional 768 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $26.44 on Wednesday. The company has a market cap of $68.74 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82. The business’s 50-day moving average is $25.94 and its two-hundred day moving average is $27.31. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72.

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.