Latko Wealth Management Ltd. Buys 328,814 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Latko Wealth Management Ltd. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 484,279 shares of the company’s stock after buying an additional 328,814 shares during the period. Schwab US Dividend Equity ETF accounts for 7.8% of Latko Wealth Management Ltd.’s investment portfolio, making the stock its 4th largest position. Latko Wealth Management Ltd. owned 0.07% of Schwab US Dividend Equity ETF worth $13,230,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Alpha Financial Partners LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $1,283,000. Creative Planning raised its position in Schwab US Dividend Equity ETF by 1.9% in the third quarter. Creative Planning now owns 1,341,298 shares of the company’s stock valued at $113,380,000 after purchasing an additional 24,491 shares during the period. Onyx Bridge Wealth Group LLC raised its position in Schwab US Dividend Equity ETF by 9.4% in the third quarter. Onyx Bridge Wealth Group LLC now owns 141,930 shares of the company’s stock valued at $11,997,000 after purchasing an additional 12,191 shares during the period. LexAurum Advisors LLC raised its position in Schwab US Dividend Equity ETF by 2.2% in the third quarter. LexAurum Advisors LLC now owns 79,640 shares of the company’s stock valued at $6,732,000 after purchasing an additional 1,698 shares during the period. Finally, RFG Advisory LLC raised its position in Schwab US Dividend Equity ETF by 20.9% in the third quarter. RFG Advisory LLC now owns 242,339 shares of the company’s stock valued at $20,485,000 after purchasing an additional 41,962 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.2 %

NYSEARCA:SCHD opened at $27.79 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The company has a market capitalization of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock’s fifty day moving average is $27.74 and its two-hundred day moving average is $27.99.

Schwab US Dividend Equity ETF Company 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.