Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 213.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 204,932 shares of the company’s stock after purchasing an additional 139,562 shares during the period. Schwab US Dividend Equity ETF makes up 4.1% of Future Financial Wealth Managment LLC’s investment portfolio, making the stock its 3rd largest holding. Future Financial Wealth Managment LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,599,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Central Pacific Bank Trust Division grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Finally, Cassady Schiller Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000.

Schwab US Dividend Equity ETF Trading Up 0.9 %

Shares of SCHD traded up $0.25 on Monday, reaching $27.26. 13,960,924 shares of the company’s stock traded hands, compared to its average volume of 16,701,754. The stock has a market cap of $19.12 billion, a PE ratio of 15.04 and a beta of 0.74. The stock’s 50 day simple moving average is $28.29 and its two-hundred day simple moving average is $27.77. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-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.