Fonville Wealth Management LLC Acquires 7,559 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fonville Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,338 shares of the company’s stock after acquiring an additional 7,559 shares during the quarter. Fonville Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $310,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Comprehensive Financial Planning Inc. PA purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $1,734,000. Ferguson Wellman Capital Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 193.1% in the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 12,265 shares of the company’s stock worth $335,000 after buying an additional 8,080 shares during the last quarter. Sensible Money LLC raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sensible Money LLC now owns 8,539 shares of the company’s stock worth $233,000 after acquiring an additional 5,693 shares in the last quarter. GGM Financials LLC lifted its position in Schwab US Dividend Equity ETF by 201.3% during the fourth quarter. GGM Financials LLC now owns 17,403 shares of the company’s stock valued at $475,000 after acquiring an additional 11,627 shares during the last quarter. Finally, Savant Capital LLC boosted its stake in Schwab US Dividend Equity ETF by 189.5% in the fourth quarter. Savant Capital LLC now owns 96,871 shares of the company’s stock valued at $2,647,000 after acquiring an additional 63,410 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The business has a fifty day moving average price of $27.85 and a 200-day moving average price of $27.98. The stock has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.