GGM Financials LLC Acquires 11,627 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

GGM Financials LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,403 shares of the company’s stock after buying an additional 11,627 shares during the period. GGM Financials LLC’s holdings in Schwab US Dividend Equity ETF were worth $475,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Savant Capital LLC boosted its position in Schwab US Dividend Equity ETF by 189.5% during the fourth quarter. Savant Capital LLC now owns 96,871 shares of the company’s stock valued at $2,647,000 after purchasing an additional 63,410 shares in the last quarter. Burns Matteson Capital Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 196.1% during the fourth quarter. Burns Matteson Capital Management LLC now owns 239,658 shares of the company’s stock valued at $6,547,000 after buying an additional 158,714 shares during the last quarter. Wagner Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 202.7% during the fourth quarter. Wagner Wealth Management LLC now owns 7,600 shares of the company’s stock valued at $208,000 after buying an additional 5,089 shares during the last quarter. MFA Wealth Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 259.1% in the 4th quarter. MFA Wealth Advisors LLC now owns 1,478,079 shares of the company’s stock valued at $40,381,000 after buying an additional 1,066,485 shares in the last quarter. Finally, Canvas Wealth Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 211.1% in the 4th quarter. Canvas Wealth Advisors LLC now owns 394,157 shares of the company’s stock worth $10,768,000 after buying an additional 267,459 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

NYSEARCA:SCHD opened at $27.56 on Monday. The stock has a market capitalization of $19.33 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 $25.16 and a 52 week high of $29.72. The firm has a 50 day moving average of $27.85 and a 200 day moving average of $27.98.

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.