Transform Wealth LLC Has $4.81 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Transform Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 52.7% during the first quarter, Holdings Channel reports. The fund owned 59,687 shares of the company’s stock after acquiring an additional 20,606 shares during the quarter. Transform Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,813,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. FMR LLC grew its position in Schwab US Dividend Equity ETF by 22.7% during the 3rd quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after acquiring an additional 11,906 shares during the last quarter. Natixis Advisors L.P. bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $723,000. O Shaughnessy Asset Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 151.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 1,385 shares of the company’s stock worth $98,000 after purchasing an additional 834 shares during the period. Trexquant Investment LP acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $512,000. Finally, Samalin Investment Counsel LLC lifted its position in Schwab US Dividend Equity ETF by 18.8% in the 3rd quarter. Samalin Investment Counsel LLC now owns 3,281 shares of the company’s stock valued at $232,000 after acquiring an additional 520 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8 %

Shares of SCHD traded up $0.60 during trading hours on Friday, reaching $77.87. 2,071,973 shares of the stock traded hands, compared to its average volume of 3,291,514. The company has a market cap of $54.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. 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 fifty day simple moving average of $78.10 and a 200 day simple moving average of $77.54.

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.