Lansing Street Advisors Has $230,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lansing Street Advisors lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,401 shares of the company’s stock after buying an additional 5,627 shares during the period. Lansing Street Advisors’ holdings in Schwab US Dividend Equity ETF were worth $230,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $31,000. Legacy Investment Solutions LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $38,000. Finally, Phillips Financial Management LLC lifted its stake in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The company has a market capitalization of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88. The company has a 50-day simple moving average of $27.69 and a 200 day simple moving average of $28.03.

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.