RMR Wealth Builders Purchases 10,466 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RMR Wealth Builders raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 250.7% in the fourth quarter, Holdings Channel reports. The firm owned 14,640 shares of the company’s stock after acquiring an additional 10,466 shares during the quarter. RMR Wealth Builders’ holdings in Schwab US Dividend Equity ETF were worth $400,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Central Pacific Bank Trust Division grew its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares in the last quarter. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Barrett & Company Inc. bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Finally, Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $38,000.

Schwab US Dividend Equity ETF Stock Down 1.1 %

SCHD opened at $27.01 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month high of $29.72. The stock has a market cap of $18.95 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50 day moving average of $28.29 and a 200-day moving average of $27.75.

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.