Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Holdings Increased by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.1% in the 4th quarter, HoldingsChannel reports. The fund owned 394,157 shares of the company’s stock after acquiring an additional 267,459 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 2.7% of Canvas Wealth Advisors LLC’s holdings, making the stock its 11th largest holding. Canvas Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,768,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $34,000. Barrett & Company Inc. bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth about $38,000. Finally, Phillips Financial Management LLC raised its position in Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of NYSEARCA SCHD opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The firm has a 50-day moving average of $27.85 and a two-hundred day moving average of $27.98. The company has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.