Marino Stram & Associates LLC Buys 2,105 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Marino Stram & Associates LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,029 shares of the company’s stock after acquiring an additional 2,105 shares during the quarter. Marino Stram & Associates LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,068,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Grey Street Capital LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the fourth quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock worth $1,035,000 after purchasing an additional 136 shares during the last quarter. Zullo Investment Group Inc. grew its holdings in Schwab US Dividend Equity ETF by 0.5% during the 4th quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock worth $2,437,000 after acquiring an additional 144 shares during the last quarter. StrategIQ Financial Group LLC increased its position in Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock valued at $1,078,000 after acquiring an additional 145 shares in the last quarter. SVB Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 0.6% in the first quarter. SVB Wealth LLC now owns 23,813 shares of the company’s stock worth $1,878,000 after acquiring an additional 145 shares during the last quarter. Finally, Indie Asset Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 0.7% during the fourth quarter. Indie Asset Partners LLC now owns 19,890 shares of the company’s stock worth $1,514,000 after purchasing an additional 146 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD traded down $0.30 on Tuesday, hitting $76.12. 1,836,012 shares of the stock were exchanged, compared to its average volume of 3,682,748. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The stock has a market capitalization of $53.34 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79. The company’s 50-day moving average price is $78.29 and its 200 day moving average price is $74.82.

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.