MFA Wealth Services bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 334,940 shares of the company’s stock, valued at approximately $9,151,000. Schwab US Dividend Equity ETF accounts for approximately 7.3% of MFA Wealth Services’ investment portfolio, making the stock its 2nd largest position.
Several other institutional investors have also made changes to their positions in SCHD. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. IFS Advisors LLC grew its position in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Finally, Olistico Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares in the last quarter.
Schwab US Dividend Equity ETF Trading Up 0.6 %
SCHD stock opened at $28.09 on Friday. The firm has a market cap of $19.71 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The company has a fifty day simple moving average of $28.13 and a 200 day simple moving average of $27.87.
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.
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