Sunburst Financial Group LLC Has $35.84 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sunburst Financial Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 222.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,311,918 shares of the company’s stock after buying an additional 904,630 shares during the period. Schwab US Dividend Equity ETF makes up approximately 8.9% of Sunburst Financial Group LLC’s holdings, making the stock its 3rd biggest holding. Sunburst Financial Group LLC owned 0.19% of Schwab US Dividend Equity ETF worth $35,842,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Central Pacific Bank Trust Division raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the period. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. IFS Advisors LLC increased 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 purchasing an additional 699 shares in the last quarter. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 202.2% in the fourth 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 Price Performance

SCHD stock opened at $27.85 on Friday. The stock has a market capitalization of $19.54 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The business has a 50-day moving average of $27.76 and a 200-day moving average of $27.99.

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.