Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Boosted by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,035 shares of the company’s stock after purchasing an additional 6,690 shares during the period. GC Wealth Management RIA LLC’s holdings in Schwab US Dividend Equity ETF were worth $274,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Avantax Planning Partners Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 202.0% during the 4th quarter. Avantax Planning Partners Inc. now owns 9,380,983 shares of the company’s stock valued at $256,288,000 after purchasing an additional 6,274,985 shares in the last quarter. Donaldson Capital Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 211.2% during the 4th quarter. Donaldson Capital Management LLC now owns 257,709 shares of the company’s stock valued at $7,041,000 after purchasing an additional 174,905 shares in the last quarter. Founders Financial Alliance LLC boosted its position in shares of Schwab US Dividend Equity ETF by 192.5% during the 4th quarter. Founders Financial Alliance LLC now owns 44,978 shares of the company’s stock valued at $1,229,000 after purchasing an additional 29,603 shares in the last quarter. O Dell Group LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 199.4% in the fourth quarter. O Dell Group LLC now owns 13,126 shares of the company’s stock worth $359,000 after buying an additional 8,742 shares during the period. Finally, King Luther Capital Management Corp boosted its holdings in shares of Schwab US Dividend Equity ETF by 198.4% in the fourth quarter. King Luther Capital Management Corp now owns 89,798 shares of the company’s stock worth $2,453,000 after buying an additional 59,709 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.74 on Wednesday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company has a 50-day moving average of $27.88 and a two-hundred day moving average of $28.14. The stock has a market cap of $68.80 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.