Schwab US Dividend Equity ETF $SCHD is Souders Financial Advisors’ 7th Largest Position

Souders Financial Advisors increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,061,955 shares of the company’s stock after acquiring an additional 25,835 shares during the period. Schwab US Dividend Equity ETF comprises approximately 3.3% of Souders Financial Advisors’ portfolio, making the stock its 7th biggest holding. Souders Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $29,129,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SCHD. Brighton Jones LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings 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 acquiring an additional 51,696 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after acquiring an additional 155,769 shares in the last quarter. Finally, United Bank raised its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after acquiring an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7%

Shares of NYSEARCA:SCHD opened at $31.86 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.50 and a 1 year high of $32.13. The business has a fifty day simple moving average of $30.99 and a 200 day simple moving average of $29.16. The firm has a market cap of $90.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.