Dakota Wealth Management Acquires 537,045 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Dakota Wealth Management lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 815,641 shares of the company’s stock after purchasing an additional 537,045 shares during the period. Dakota Wealth Management owned about 0.12% of Schwab US Dividend Equity ETF worth $22,283,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth about $26,000. IFS Advisors LLC boosted its stake in shares of 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 valued at $29,000 after purchasing an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $31,000. Finally, Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $34,000.

Schwab US Dividend Equity ETF Stock Up 0.8 %

NYSEARCA SCHD opened at $28.22 on Wednesday. The firm has a market capitalization of $19.80 billion, a PE ratio of 15.04 and a beta of 0.74. The stock’s 50 day moving average is $28.16 and its 200 day moving average is $27.85. Schwab US Dividend Equity ETF has a twelve month low of $25.16 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.