Provident Wealth Management LLC Has $243,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Provident Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,907 shares of the company’s stock after purchasing an additional 5,938 shares during the quarter. Provident Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $243,000 as of its most recent filing with the Securities & Exchange Commission.

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

Schwab US Dividend Equity ETF Stock Up 0.7 %

NYSEARCA SCHD opened at $28.45 on Wednesday. The company’s 50 day moving average is $27.71 and its 200-day moving average is $28.08. The firm has a market cap of $69.70 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72.

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.