Bartlett & CO. Wealth Management LLC Buys 20,196 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bartlett & CO. Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 181.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,326 shares of the company’s stock after purchasing an additional 20,196 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $26,000. IFS Advisors LLC grew its position in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares during the period. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $31,000. Finally, Barrett & Company Inc. bought a new position in Schwab US Dividend Equity ETF in the third quarter worth approximately $34,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.09 on Friday. The company has a market cap of $19.71 billion, a price-to-earnings 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 firm has a fifty day moving average price of $28.13 and a 200-day moving average price 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.