Surience Private Wealth LLC Invests $11.76 Million in Schwab US Dividend Equity ETF $SCHD

Surience Private Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 428,701 shares of the company’s stock, valued at approximately $11,759,000. Schwab US Dividend Equity ETF comprises approximately 12.6% of Surience Private Wealth LLC’s holdings, making the stock its largest position.

Several other institutional investors have also added to or reduced their stakes in SCHD. Capital Advisors Inc. OK increased its position in Schwab US Dividend Equity ETF by 14.9% in the fourth quarter. Capital Advisors Inc. OK now owns 50,988 shares of the company’s stock worth $1,399,000 after purchasing an additional 6,600 shares during the last quarter. Hengehold Capital Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.9% in the 4th quarter. Hengehold Capital Management LLC now owns 603,549 shares of the company’s stock worth $16,555,000 after buying an additional 11,050 shares during the last quarter. Ironwood Wealth Management LLC. increased its holdings in shares of Schwab US Dividend Equity ETF by 9.1% in the 4th quarter. Ironwood Wealth Management LLC. now owns 32,075 shares of the company’s stock worth $914,000 after buying an additional 2,679 shares during the last quarter. Econ Financial Services Corp purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $7,243,000. Finally, Dominguez Wealth Management Solutions Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 20.2% in the 4th quarter. Dominguez Wealth Management Solutions Inc. now owns 28,775 shares of the company’s stock valued at $789,000 after acquiring an additional 4,833 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $30.48 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The business’s 50 day moving average is $30.77 and its two-hundred day moving average is $28.58. The stock has a market capitalization of $80.17 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.