Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Elevate Wealth Advisory Inc.

Elevate Wealth Advisory Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 254.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,068 shares of the company’s stock after acquiring an additional 38,096 shares during the period. Schwab US Dividend Equity ETF comprises approximately 1.1% of Elevate Wealth Advisory Inc.’s holdings, making the stock its 23rd largest holding. Elevate Wealth Advisory Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,426,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares during the last quarter. PFG Private Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares during the period. Finally, IFS Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.4 %

Shares of NYSEARCA SCHD opened at $28.03 on Thursday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company has a market cap of $69.51 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. The stock’s 50 day simple moving average is $27.93 and its 200 day simple moving average is $28.13.

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.