Foster Victor Wealth Advisors LLC Purchases Shares of 54,729 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Foster Victor Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 54,729 shares of the company’s stock, valued at approximately $1,532,000.

Several other hedge funds also recently modified their holdings of the company. Central Pacific Bank Trust Division increased its holdings 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 in the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $26,000. IFS Advisors LLC raised its holdings in shares of 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 valued at $29,000 after buying an additional 699 shares during the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Finally, Olistico Wealth LLC lifted 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 worth $31,000 after buying an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.3 %

SCHD opened at $28.07 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The stock has a market capitalization of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a 50-day moving average price of $28.08 and a two-hundred day moving average price of $27.94.

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.