Avion Wealth Buys 843 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Avion Wealth lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 170.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,339 shares of the company’s stock after acquiring an additional 843 shares during the period. Avion Wealth’s holdings in Schwab US Dividend Equity ETF were worth $36,000 at the end of the most recent reporting period.

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

Schwab US Dividend Equity ETF Stock Up 0.7 %

Shares of NYSEARCA SCHD opened at $27.87 on Wednesday. The business’s 50 day moving average is $27.81 and its two-hundred day moving average is $27.99. The company has a market cap of $19.55 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72.

About Schwab US Dividend Equity ETF

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.