Weitzel Financial Services Inc. Acquires 20,488 Shares of Schwab US Dividend Equity ETF $SCHD

Weitzel Financial Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 630,033 shares of the company’s stock after purchasing an additional 20,488 shares during the period. Schwab US Dividend Equity ETF comprises 6.8% of Weitzel Financial Services Inc.’s investment portfolio, making the stock its 4th largest holding. Weitzel Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $16,809,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SCHD. Brighton Jones LLC boosted its position in Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares in the last quarter. Bison Wealth LLC boosted its position in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Schwab US Dividend Equity ETF by 46.4% in the first quarter. Russell Investments Group Ltd. now owns 33,274 shares of the company’s stock valued at $930,000 after buying an additional 10,542 shares in the last quarter. Finally, Synovus Financial Corp raised its holdings in shares of Schwab US Dividend Equity ETF by 2.2% during the 1st quarter. Synovus Financial Corp now owns 90,297 shares of the company’s stock valued at $2,525,000 after buying an additional 1,911 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.62 on Tuesday. The firm has a market capitalization of $71.42 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The stock’s 50 day moving average price is $27.16 and its 200 day moving average price is $27.16.

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.