428,701 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by Surience Private Wealth LLC

Surience Private Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 428,701 shares of the company’s stock, valued at approximately $11,759,000. Schwab US Dividend Equity ETF makes up about 12.6% of Surience Private Wealth LLC’s investment portfolio, making the stock its biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHD. Biltmore Family Office LLC boosted its holdings in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the period. Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $33,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $35,000. Reyes Financial Architecture Inc. raised its stake in Schwab US Dividend Equity ETF by 1,903.1% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $36,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $30.48 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The business has a 50 day simple moving average of $30.77 and a two-hundred day simple moving average of $28.58. The company has a market capitalization of $80.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.