Heirloom Wealth Management Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Heirloom Wealth Management increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 159.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,044 shares of the company’s stock after buying an additional 8,012 shares during the quarter. Heirloom Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division increased its position in Schwab US Dividend Equity ETF by 200.0% during the 4th 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 during the period. Hoese & Co LLP purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $26,000. IFS Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $31,000. Finally, Olistico Wealth LLC boosted its position in Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $28.07 on Monday. The company has a market capitalization of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business’s 50 day moving average price is $28.10 and its two-hundred day moving average price is $27.92. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week 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.