LVW Advisors LLC Purchases 98,504 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

LVW Advisors LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,146,175 shares of the company’s stock after acquiring an additional 98,504 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 15.6% of LVW Advisors LLC’s investment portfolio, making the stock its biggest holding. LVW Advisors LLC owned about 0.16% of Schwab US Dividend Equity ETF worth $92,416,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Mayfair Advisory Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.3% in the 1st quarter. Mayfair Advisory Group LLC now owns 133,354 shares of the company’s stock valued at $10,752,000 after acquiring an additional 9,125 shares during the period. Barry Investment Advisors LLC grew its position in Schwab US Dividend Equity ETF by 119.6% during the 1st quarter. Barry Investment Advisors LLC now owns 27,049 shares of the company’s stock worth $2,181,000 after purchasing an additional 14,732 shares during the period. Fiduciary Alliance LLC grew its position in Schwab US Dividend Equity ETF by 43.9% during the 1st quarter. Fiduciary Alliance LLC now owns 61,356 shares of the company’s stock worth $4,917,000 after purchasing an additional 18,722 shares during the period. D.B. Root & Company LLC grew its position in Schwab US Dividend Equity ETF by 4.1% during the 1st quarter. D.B. Root & Company LLC now owns 70,826 shares of the company’s stock worth $5,711,000 after purchasing an additional 2,763 shares during the period. Finally, Trilogy Capital Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter worth about $216,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $77.76 on Monday. The business’s 50-day moving average is $78.12 and its two-hundred day moving average is $77.62. The company has a market capitalization of $54.55 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82.

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.