Schwab US Dividend Equity ETF $SCHD is Latko Wealth Management Ltd.’s 4th Largest Position

Latko Wealth Management Ltd. lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 459,136 shares of the company’s stock after selling 41,733 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 6.4% of Latko Wealth Management Ltd.’s holdings, making the stock its 4th biggest position. Latko Wealth Management Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $12,534,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Biltmore Family Office LLC lifted its holdings in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the period. Independence Bank of Kentucky acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $41,000. True Wealth Design LLC boosted its holdings in Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after buying an additional 450 shares in the last quarter. Total Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the second quarter worth about $43,000. Finally, Morton Brown Family Wealth LLC grew its position in Schwab US Dividend Equity ETF by 41.2% during the third quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock worth $45,000 after buying an additional 477 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.6%

SCHD stock opened at $31.47 on Monday. The firm has a 50 day moving average of $28.42 and a 200-day moving average of $27.61. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.49. The company has a market cap of $82.77 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.