DMKC Advisory Services LLC Takes $3.92 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

DMKC Advisory Services LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 143,389 shares of the company’s stock, valued at approximately $3,917,000. Schwab US Dividend Equity ETF makes up 3.6% of DMKC Advisory Services LLC’s holdings, making the stock its 8th largest holding.

Several other large investors also recently added to or reduced their stakes in SCHD. Modera Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 5.9% during the third quarter. Modera Wealth Management LLC now owns 10,983 shares of the company’s stock valued at $928,000 after acquiring an additional 609 shares during the last quarter. Welch Group LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $218,000. Hunter Associates Investment Management LLC lifted its stake in Schwab US Dividend Equity ETF by 8.8% in the third quarter. Hunter Associates Investment Management LLC now owns 207,163 shares of the company’s stock worth $17,524,000 after purchasing an additional 16,748 shares during the last quarter. Pallas Capital Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 191.5% during the third quarter. Pallas Capital Advisors LLC now owns 185,228 shares of the company’s stock valued at $15,657,000 after buying an additional 121,681 shares during the period. Finally, Worth Financial Advisory Group LLC boosted its position in Schwab US Dividend Equity ETF by 1.0% during the third quarter. Worth Financial Advisory Group LLC now owns 42,291 shares of the company’s stock valued at $3,575,000 after buying an additional 406 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.7 %

NYSEARCA SCHD opened at $28.45 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The stock has a 50-day moving average of $27.71 and a 200-day moving average of $28.08. The firm has a market cap of $69.70 billion, a PE ratio of 17.48 and a beta of 0.88.

Schwab US Dividend Equity ETF Company 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.