Wolff Wiese Magana LLC Purchases 6,544 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wolff Wiese Magana LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 9,736 shares of the company’s stock after purchasing an additional 6,544 shares during the period. Wolff Wiese Magana LLC’s holdings in Schwab US Dividend Equity ETF were worth $266,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter worth $38,000. Finally, Quent Capital LLC lifted its position in Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after buying an additional 240 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.90 on Wednesday. The firm’s 50-day moving average price is $28.26 and its 200-day moving average price is $27.79. The company has a market capitalization of $19.57 billion, a PE 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.

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.