Schwab US Dividend Equity ETF $SCHD Stock Purchased by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 74.8% during the 3rd quarter, Holdings Channel reports. The firm owned 637,860 shares of the company’s stock after buying an additional 272,961 shares during the period. Schwab US Dividend Equity ETF comprises about 8.2% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Kellett Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $20,750,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $26,000. DiNuzzo Private Wealth Inc. bought a new position in Schwab US Dividend Equity ETF during the second quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in Schwab US Dividend Equity ETF during the first quarter worth about $32,000. Signature Resources Capital Management LLC grew its holdings in Schwab US Dividend Equity ETF by 53.8% during the first quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after purchasing an additional 500 shares during the period. Finally, Hanson & Doremus Investment Management lifted its position in shares of Schwab US Dividend Equity ETF by 35.7% in the first quarter. Hanson & Doremus Investment Management now owns 2,001 shares of the company’s stock valued at $61,000 after buying an additional 526 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.0%

SCHD opened at $33.71 on Thursday. The stock’s fifty day simple moving average is $34.00 and its 200 day simple moving average is $32.71. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31. The stock has a market cap of $112.62 billion, a PE ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF 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.