Sachetta LLC Has $3.41 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sachetta LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,709 shares of the company’s stock after acquiring an additional 84,841 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 1.3% of Sachetta LLC’s portfolio, making the stock its 15th largest position. Sachetta LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,407,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Midwest Financial Group LLC boosted its stake in Schwab US Dividend Equity ETF by 202.4% in the fourth quarter. Midwest Financial Group LLC now owns 389,900 shares of the company’s stock worth $10,652,000 after buying an additional 260,952 shares in the last quarter. Disciplined Equity Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Disciplined Equity Management Inc. now owns 4,497 shares of the company’s stock worth $123,000 after acquiring an additional 2,998 shares during the last quarter. Patriot Investment Management Group Inc. raised its holdings in Schwab US Dividend Equity ETF by 189.9% in the 4th quarter. Patriot Investment Management Group Inc. now owns 261,438 shares of the company’s stock worth $7,142,000 after acquiring an additional 171,253 shares during the last quarter. Southland Equity Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 237.0% during the 4th quarter. Southland Equity Partners LLC now owns 699,852 shares of the company’s stock valued at $19,120,000 after acquiring an additional 492,180 shares during the period. Finally, St. Johns Investment Management Company LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 198.9% in the 4th quarter. St. Johns Investment Management Company LLC now owns 212,795 shares of the company’s stock worth $5,814,000 after buying an additional 141,603 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD opened at $28.07 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The company has a market capitalization of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74. The firm’s 50 day simple moving average is $28.10 and its two-hundred day simple moving average is $27.89.

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.