Lodestone Wealth Management LLC Buys 5,275 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lodestone Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,935 shares of the company’s stock after buying an additional 5,275 shares during the quarter. Lodestone Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $217,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SCHD. Central Pacific Bank Trust Division lifted its position 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 worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $26,000. IFS Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Finally, Olistico Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2 %

NYSEARCA:SCHD opened at $27.79 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a market cap of $19.49 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock has a fifty day simple moving average of $27.74 and a 200-day simple moving average of $27.99.

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.