Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Christensen King & Associates Investment Services Inc.’s 3rd Largest Position

Christensen King & Associates Investment Services Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 538,250 shares of the company’s stock after purchasing an additional 355,896 shares during the period. Schwab US Dividend Equity ETF comprises about 7.0% of Christensen King & Associates Investment Services Inc.’s investment portfolio, making the stock its 3rd largest position. Christensen King & Associates Investment Services Inc. owned about 0.08% of Schwab US Dividend Equity ETF worth $14,845,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Exeter Financial LLC increased its holdings in Schwab US Dividend Equity ETF by 206.3% in the 4th quarter. Exeter Financial LLC now owns 165,729 shares of the company’s stock valued at $4,528,000 after purchasing an additional 111,622 shares in the last quarter. Grandview Asset Management LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $345,000. Dale Q Rice Investment Management Ltd acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $1,230,000. PSI Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 612.8% during the 4th quarter. PSI Advisors LLC now owns 1,732 shares of the company’s stock valued at $47,000 after buying an additional 1,489 shares during the last quarter. Finally, Marcum Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 201.4% in the 4th quarter. Marcum Wealth LLC now owns 44,252 shares of the company’s stock worth $1,209,000 after purchasing an additional 29,568 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.30 on Tuesday. The stock’s fifty day moving average is $28.27 and its 200-day moving average is $27.78. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The firm has a market capitalization of $19.15 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.