Eads & Heald Wealth Management Invests $215,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Eads & Heald Wealth Management bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,830 shares of the company’s stock, valued at approximately $215,000.

Other hedge funds have also modified their holdings of the company. LifePlan Financial LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $651,000. Donaldson Capital Management LLC raised its holdings in Schwab US Dividend Equity ETF by 65.9% in the 4th quarter. Donaldson Capital Management LLC now owns 104,455 shares of the company’s stock valued at $7,952,000 after acquiring an additional 41,507 shares during the last quarter. Capital Analysts LLC raised its holdings in Schwab US Dividend Equity ETF by 0.7% in the 4th quarter. Capital Analysts LLC now owns 27,527 shares of the company’s stock valued at $2,096,000 after acquiring an additional 192 shares during the last quarter. Private Client Services LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at about $433,000. Finally, Aurora Private Wealth Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 0.8% during the 4th quarter. Aurora Private Wealth Inc. now owns 25,214 shares of the company’s stock worth $1,920,000 after buying an additional 209 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded down $0.46 during midday trading on Tuesday, reaching $75.96. 926,506 shares of the stock were exchanged, compared to its average volume of 3,669,655. The company has a 50 day simple moving average of $78.29 and a 200 day simple moving average of $74.82. The stock has a market capitalization of $53.23 billion, a P/E ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82.

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.