Tucker Asset Management LLC Increases Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tucker Asset Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 256.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,176 shares of the company’s stock after purchasing an additional 2,284 shares during the quarter. Tucker Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $87,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mitchell Sinkler & Starr PA raised its holdings in shares of Schwab US Dividend Equity ETF by 204.1% during the 4th quarter. Mitchell Sinkler & Starr PA now owns 74,725 shares of the company’s stock valued at $2,041,000 after buying an additional 50,150 shares during the period. Valley Forge Investment Consultants Inc. ADV raised its stake in shares of Schwab US Dividend Equity ETF by 180.9% during the fourth quarter. Valley Forge Investment Consultants Inc. ADV now owns 161,159 shares of the company’s stock valued at $4,403,000 after purchasing an additional 103,784 shares during the period. Mechanics Financial Corp acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $105,000. OneAscent Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 147.0% in the fourth quarter. OneAscent Wealth Management LLC now owns 19,697 shares of the company’s stock valued at $538,000 after purchasing an additional 11,724 shares during the period. Finally, Maridea Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $1,034,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.58 on Friday. 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 capitalization of $69.50 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86. The firm’s fifty day moving average price is $27.97 and its 200 day moving average price is $28.13.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.2488 per share. The ex-dividend date is Wednesday, March 26th.

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.