Wealthcare Capital Management LLC Increases Stock Position in Schwab US Dividend Equity ETF $SCHD

Wealthcare Capital Management LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 27.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 96,275 shares of the company’s stock after acquiring an additional 20,956 shares during the period. Schwab US Dividend Equity ETF accounts for 0.3% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. Wealthcare Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,053,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings 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 valued at $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 234.4% in the 4th 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. Goldman Sachs Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares during the period. Finally, United Bank grew its position in shares of Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after buying an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $33.90 on Monday. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $34.24. The stock has a market capitalization of $105.32 billion, a PE ratio of 14.57 and a beta of 0.67. The stock’s 50 day moving average price is $32.62 and its 200-day moving average price is $31.63.

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.