FSM Wealth Advisors LLC Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

FSM Wealth Advisors LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,347 shares of the company’s stock after buying an additional 15,742 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $650,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sumitomo Life Insurance Co. increased its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. Orgel Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. raised its position in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the period. HHM Wealth Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after acquiring an additional 3,286,917 shares during the last quarter. Finally, LVW Advisors LLC grew its position in Schwab US Dividend Equity ETF by 203.4% during the fourth quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after acquiring an additional 2,412,003 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.83 on Monday. The company has a market cap of $19.52 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock’s 50-day moving average is $28.02 and its 200-day moving average is $27.96.

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.