1900 Wealth Management LLC Makes New Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

1900 Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,365 shares of the company’s stock, valued at approximately $256,000.

Several other institutional investors have also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $228,390,000. International Assets Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $89,561,000. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 4.7% during the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after acquiring an additional 503,970 shares in the last quarter. DDD Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 12,161.9% during the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after acquiring an additional 484,167 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 34.1% during the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after acquiring an additional 476,951 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $77.72 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The company has a market cap of $54.46 billion, a P/E ratio of 15.00 and a beta of 0.79. The stock’s fifty day moving average price is $78.25 and its two-hundred day moving average price is $75.11.

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.