Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Increased by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,035 shares of the company’s stock after acquiring an additional 6,690 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Schwab US Dividend Equity ETF were worth $274,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SCHD. Raymond James Financial Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $592,939,000. Sumitomo Life Insurance Co. raised 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 valued at $732,722,000 after acquiring an additional 17,880,000 shares in the last quarter. Wealthspire Advisors LLC raised its position in Schwab US Dividend Equity ETF by 195.8% during the fourth quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after acquiring an additional 10,024,156 shares in the last quarter. Orgel Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Finally, Avantax Planning Partners Inc. raised its position in Schwab US Dividend Equity ETF by 202.0% during the fourth quarter. Avantax Planning Partners Inc. now owns 9,380,983 shares of the company’s stock valued at $256,288,000 after acquiring an additional 6,274,985 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.74 on Wednesday. The firm has a market cap of $68.80 billion, a PE ratio of 17.56 and a beta of 0.86. The firm’s 50 day moving average price is $27.88 and its 200 day moving average price is $28.14. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72.

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.