Sanchez Wealth Management Group Purchases 10,553 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sanchez Wealth Management Group grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,829 shares of the company’s stock after acquiring an additional 10,553 shares during the quarter. Sanchez Wealth Management Group’s holdings in Schwab US Dividend Equity ETF were worth $432,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SCHD. Wilmington Savings Fund Society FSB lifted its holdings in shares of Schwab US Dividend Equity ETF by 913.8% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 19,506 shares of the company’s stock worth $533,000 after acquiring an additional 17,582 shares during the period. Serenus Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter worth about $243,000. American Capital Advisory LLC lifted its stake in Schwab US Dividend Equity ETF by 196.7% during the fourth quarter. American Capital Advisory LLC now owns 18,591 shares of the company’s stock worth $508,000 after purchasing an additional 12,326 shares during the period. D Orazio & Associates Inc. lifted its stake in Schwab US Dividend Equity ETF by 186.4% during the fourth quarter. D Orazio & Associates Inc. now owns 29,851 shares of the company’s stock worth $816,000 after purchasing an additional 19,427 shares during the period. Finally, Advisors Preferred LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Advisors Preferred LLC now owns 555,330 shares of the company’s stock valued at $15,138,000 after purchasing an additional 370,220 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of SCHD opened at $27.56 on Friday. The stock has a 50 day simple moving average of $27.89 and a 200-day simple moving average of $27.97. The stock has a market cap of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year 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.