Marcum Wealth LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Marcum Wealth LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 44,252 shares of the company’s stock after purchasing an additional 29,568 shares during the period. Marcum Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,209,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Keystone Financial Planning Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after buying an additional 3,506,729 shares in the last quarter. Wulff Hansen & CO. grew its position in Schwab US Dividend Equity ETF by 8,405.3% in the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock valued at $113,175,000 after acquiring an additional 1,438,322 shares in the last quarter. Burkett Financial Services LLC increased its stake in Schwab US Dividend Equity ETF by 201.1% during the fourth quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock worth $42,131,000 after purchasing an additional 1,030,031 shares during the period. Noble Family Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF by 215.4% during the fourth quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock worth $32,737,000 after purchasing an additional 821,050 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 209.1% in the third quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock valued at $77,141,000 after purchasing an additional 617,308 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.30 on Tuesday. The stock has a market capitalization of $19.15 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The company has a 50 day moving average price of $28.27 and a 200 day moving average price of $27.78.

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.