Great Waters Wealth Management Raises Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Great Waters Wealth Management boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,742 shares of the company’s stock after acquiring an additional 58,222 shares during the quarter. Schwab US Dividend Equity ETF accounts for 0.3% of Great Waters Wealth Management’s portfolio, making the stock its 21st biggest holding. Great Waters Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $2,397,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SCHD. LifePlan Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 185.7% during the fourth quarter. LifePlan Financial LLC now owns 25,701 shares of the company’s stock valued at $702,000 after purchasing an additional 16,706 shares during the period. Transform Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 316.2% during the 4th quarter. Transform Wealth LLC now owns 192,865 shares of the company’s stock valued at $5,269,000 after buying an additional 146,525 shares in the last quarter. Alpha Cubed Investments LLC boosted its position in Schwab US Dividend Equity ETF by 206.4% in the 4th quarter. Alpha Cubed Investments LLC now owns 160,765 shares of the company’s stock valued at $4,392,000 after buying an additional 108,304 shares during the period. Courage Miller Partners LLC grew its stake in Schwab US Dividend Equity ETF by 200.4% in the 4th quarter. Courage Miller Partners LLC now owns 420,025 shares of the company’s stock worth $11,475,000 after acquiring an additional 280,182 shares in the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth approximately $206,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.99 on Tuesday. The stock has a 50 day moving average price of $28.16 and a 200 day moving average price of $27.85. The firm has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $25.03 and a 52-week 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.