Schwab US Dividend Equity ETF $SCHD Shares Bought by Laurel Oak Wealth Management LLC

Laurel Oak Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 84.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,480 shares of the company’s stock after buying an additional 24,886 shares during the period. Laurel Oak Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,671,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. boosted its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $25,000. Field & Main Bank acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of SCHD opened at $32.09 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The firm’s fifty day moving average is $31.96 and its two-hundred day moving average is $30.56. The stock has a market cap of $91.09 billion, a PE ratio of 14.57 and a beta of 0.67.

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.