Sachetta LLC Acquires 84,841 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sachetta LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 124,709 shares of the company’s stock after buying an additional 84,841 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.3% of Sachetta LLC’s portfolio, making the stock its 15th largest holding. Sachetta LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,407,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Orgel Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF by 159.8% in the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. LVW Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 203.4% in the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after buying an additional 2,412,003 shares in the last quarter. Ameritas Advisory Services LLC increased its position in Schwab US Dividend Equity ETF by 217.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 2,173,729 shares of the company’s stock worth $59,386,000 after purchasing an additional 1,488,281 shares during the last quarter. Finally, Howard Financial Services LTD. increased its holdings in shares of Schwab US Dividend Equity ETF by 207.6% during the 4th quarter. Howard Financial Services LTD. now owns 2,021,759 shares of the company’s stock worth $55,234,000 after buying an additional 1,364,511 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.07 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The firm’s 50-day moving average is $28.10 and its two-hundred day moving average is $27.89. The stock has a market capitalization of $19.69 billion, a P/E 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.