TRUE Private Wealth Advisors Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

TRUE Private Wealth Advisors raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 41.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,544 shares of the company’s stock after acquiring an additional 3,085 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $803,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Whitaker Myers Wealth Managers LTD. grew its holdings in shares of Schwab US Dividend Equity ETF by 12.3% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock worth $15,475,000 after buying an additional 22,221 shares in the last quarter. FMR LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 22.7% during the third quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after buying an additional 11,906 shares in the last quarter. M. Kulyk & Associates LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $514,000. Procyon Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 9.9% during the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock worth $338,000 after buying an additional 401 shares in the last quarter. Finally, Graypoint LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 5.4% during the fourth quarter. Graypoint LLC now owns 4,969 shares of the company’s stock worth $378,000 after buying an additional 255 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of NYSEARCA SCHD traded down $0.17 during midday trading on Wednesday, reaching $75.76. 820,087 shares of the stock were exchanged, compared to its average volume of 3,663,852. The company has a market capitalization of $53.09 billion, a P/E ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The stock has a 50 day moving average price of $78.27 and a 200-day moving average price of $74.86.

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.