Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Altus Wealth Group LLC

Altus Wealth Group LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,192 shares of the company’s stock after acquiring an additional 1,595 shares during the quarter. Altus Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,026,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. International Assets Investment Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $1,176,000. Natixis Advisors L.P. grew its holdings in shares of Schwab US Dividend Equity ETF by 36.7% during the fourth quarter. Natixis Advisors L.P. now owns 13,960 shares of the company’s stock worth $1,062,000 after purchasing an additional 3,749 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of Schwab US Dividend Equity ETF by 2,055.5% during the fourth quarter. National Bank of Canada FI now owns 30,759 shares of the company’s stock worth $2,358,000 after purchasing an additional 29,332 shares during the last quarter. Van Hulzen Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 17.4% during the fourth quarter. Van Hulzen Asset Management LLC now owns 7,208 shares of the company’s stock worth $549,000 after purchasing an additional 1,067 shares in the last quarter. Finally, Smithfield Trust Co lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.7% in the 4th quarter. Smithfield Trust Co now owns 55,938 shares of the company’s stock valued at $4,259,000 after purchasing an additional 1,987 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.9 %

NYSEARCA:SCHD opened at $82.74 on Friday. The company has a market capitalization of $58.04 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $84.57. The stock’s 50 day moving average price is $80.91 and its 200 day moving average price is $79.17.

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.