Transform Wealth LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Transform Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 316.2% in the fourth quarter, Holdings Channel reports. The firm owned 192,865 shares of the company’s stock after purchasing an additional 146,525 shares during the period. Transform Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,269,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Colorado Capital Management Inc. grew its stake in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after buying an additional 121 shares during the period. Brick & Kyle Associates lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after acquiring an additional 130 shares in the last quarter. Ascent Group LLC boosted its position in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after purchasing an additional 145 shares during the period. Sunflower Bank N.A. increased its holdings in Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after purchasing an additional 185 shares in the last quarter. Finally, Sound Income Strategies LLC raised its position in Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after purchasing an additional 191 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.99 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $25.03 and a 12 month high of $29.72. The stock’s 50-day moving average is $28.16 and its two-hundred day moving average is $27.85. The stock has a market cap of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74.

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.