1900 Wealth Management LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

1900 Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 19,971 shares of the company’s stock, valued at approximately $548,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ellis Investment Partners LLC increased its position in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after acquiring an additional 375 shares during the period. Harbor Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after acquiring an additional 383 shares during the last quarter. Westside Investment Management Inc. grew its position in Schwab US Dividend Equity ETF by 5.6% in the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after buying an additional 383 shares during the last quarter. International Private Wealth Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.3% during the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after purchasing an additional 397 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after buying an additional 402 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $30.56 on Friday. The firm has a market capitalization of $80.38 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The company has a 50 day moving average price of $30.90 and a 200 day moving average price of $28.65. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95.

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.