Signal Advisors Wealth LLC Buys 194,234 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Signal Advisors Wealth LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 233.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 277,296 shares of the company’s stock after buying an additional 194,234 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 0.9% of Signal Advisors Wealth LLC’s holdings, making the stock its 23rd largest position. Signal Advisors Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,576,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Central Pacific Bank Trust Division increased 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 purchasing an additional 604 shares in the last quarter. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $31,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $34,000. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Finally, Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.30 on Tuesday. The company has a market capitalization of $19.15 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72. The firm’s 50 day simple moving average is $28.27 and its two-hundred day simple moving average is $27.78.

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.