LexAurum Advisors LLC Acquires 89,487 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

LexAurum Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 112.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 169,127 shares of the company’s stock after acquiring an additional 89,487 shares during the quarter. LexAurum Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,621,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. RFG Advisory LLC boosted its holdings in Schwab US Dividend Equity ETF by 209.5% during the fourth quarter. RFG Advisory LLC now owns 750,119 shares of the company’s stock worth $20,493,000 after purchasing an additional 507,780 shares during the last quarter. Silver Lake Advisory LLC grew its position in Schwab US Dividend Equity ETF by 202.5% during the fourth quarter. Silver Lake Advisory LLC now owns 14,337 shares of the company’s stock valued at $392,000 after buying an additional 9,598 shares during the period. MFA Wealth Services purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $9,151,000. McGlone Suttner Wealth Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 168.3% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 39,998 shares of the company’s stock valued at $1,093,000 after acquiring an additional 25,089 shares during the last quarter. Finally, Financial Partners Group LLC grew its position in shares of Schwab US Dividend Equity ETF by 201.0% during the 4th quarter. Financial Partners Group LLC now owns 23,228 shares of the company’s stock valued at $635,000 after acquiring an additional 15,510 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.6 %

Shares of SCHD stock opened at $28.09 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The company has a 50 day moving average of $28.13 and a 200-day moving average of $27.87. The firm has a market cap of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.