Schwab US Dividend Equity ETF $SCHD is Lighthouse Wealth Management Inc.’s 3rd Largest Position

Lighthouse Wealth Management Inc. lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 457,715 shares of the company’s stock after selling 25,437 shares during the period. Schwab US Dividend Equity ETF makes up 10.1% of Lighthouse Wealth Management Inc.’s holdings, making the stock its 3rd biggest holding. Lighthouse Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $12,496,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the period. Bison Wealth LLC raised its position in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Schwab US Dividend Equity ETF by 0.9% in the 1st quarter. Royal Bank of Canada now owns 9,164,874 shares of the company’s stock valued at $256,250,000 after buying an additional 84,956 shares during the period. Finally, Flputnam Investment Management Co. grew its position in shares of Schwab US Dividend Equity ETF by 241.4% during the first quarter. Flputnam Investment Management Co. now owns 85,710 shares of the company’s stock worth $2,396,000 after buying an additional 60,606 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0%

Shares of NYSEARCA:SCHD opened at $27.63 on Wednesday. The firm’s 50 day moving average price is $27.25 and its 200 day moving average price is $27.19. The stock has a market cap of $71.45 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $28.84.

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.