Benchmark Wealth Management LLC Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Benchmark Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,090 shares of the company’s stock after purchasing an additional 158,794 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 3.2% of Benchmark Wealth Management LLC’s holdings, making the stock its 8th biggest position. Benchmark Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,505,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Gravity Asset Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at about $25,000. Central Pacific Bank Trust Division grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $31,000. Barrett & Company Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Finally, Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock traded down $0.06 during midday trading on Tuesday, reaching $27.21. The company’s stock had a trading volume of 12,415,908 shares, compared to its average volume of 15,616,009. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The firm has a market capitalization of $19.09 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock has a fifty day simple moving average of $28.36 and a two-hundred day simple moving average of $27.74.

About Schwab US Dividend Equity ETF

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.