Sax Wealth Advisors LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sax Wealth Advisors LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,422 shares of the company’s stock after buying an additional 4,948 shares during the period. Sax Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $203,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Merit Financial Group LLC raised its position in Schwab US Dividend Equity ETF by 164.5% during the 4th quarter. Merit Financial Group LLC now owns 1,002,360 shares of the company’s stock valued at $27,384,000 after purchasing an additional 623,330 shares in the last quarter. Grant GrossMendelsohn LLC increased its stake in shares of Schwab US Dividend Equity ETF by 236.5% during the fourth quarter. Grant GrossMendelsohn LLC now owns 18,426 shares of the company’s stock valued at $503,000 after buying an additional 12,951 shares during the period. First National Bank of Mount Dora Trust Investment Services raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. First National Bank of Mount Dora Trust Investment Services now owns 82,452 shares of the company’s stock valued at $2,253,000 after acquiring an additional 54,968 shares in the last quarter. Relyea Zuckerberg Hanson LLC increased its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 12,180 shares of the company’s stock valued at $333,000 after purchasing an additional 8,120 shares during the period. Finally, CNB Bank raised its holdings in shares of Schwab US Dividend Equity ETF by 168.9% in the 4th quarter. CNB Bank now owns 6,262 shares of the company’s stock valued at $171,000 after purchasing an additional 3,933 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.99 on Monday. The stock has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average price of $28.19 and a 200-day moving average price of $27.84. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72.

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.