Portus Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 13.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 142,541 shares of the company’s stock after purchasing an additional 16,874 shares during the quarter. Schwab US Dividend Equity ETF makes up about 4.1% of Portus Wealth Advisors LLC’s portfolio, making the stock its 6th biggest position. Portus Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,373,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. lifted its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Field & Main Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Dynamic Wealth Strategies LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $33,000.
Schwab US Dividend Equity ETF Price Performance
NYSEARCA:SCHD opened at $32.09 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $32.92. The company has a 50-day moving average of $31.96 and a 200 day moving average of $30.58. The firm has a market cap of $91.09 billion, a PE ratio of 14.57 and a beta of 0.67.
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.
Further Reading
- Five stocks we like better than Schwab US Dividend Equity ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
