Schwab US Dividend Equity ETF $SCHD is Asset Allocation & Management Company LLC’s 7th Largest Position

Asset Allocation & Management Company LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 349,963 shares of the company’s stock after purchasing an additional 20,336 shares during the period. Schwab US Dividend Equity ETF makes up 3.8% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 7th largest holding. Asset Allocation & Management Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,599,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Biltmore Family Office LLC lifted its position in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd 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. Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $33,000. KERR FINANCIAL PLANNING Corp acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $35,000. Reyes Financial Architecture Inc. raised its holdings in Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares during the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth $36,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $30.54 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The firm has a market capitalization of $80.33 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The stock’s fifty day moving average is $30.68 and its two-hundred day moving average is $28.51.

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.