Sound Income Strategies LLC Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sound Income Strategies LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,233 shares of the company’s stock after purchasing an additional 3,513 shares during the quarter. Sound Income Strategies LLC’s holdings in Schwab US Dividend Equity ETF were worth $143,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $26,000. IFS Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $28.07 on Friday. The company has a market cap of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average price is $28.10 and its 200-day moving average price is $27.89. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72.

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.