Benchmark Wealth Management LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Benchmark Wealth Management LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 238,090 shares of the company’s stock after buying an additional 158,794 shares during the quarter. Schwab US Dividend Equity ETF accounts for 3.2% of Benchmark Wealth Management LLC’s holdings, making the stock its 8th largest holding. Benchmark Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,505,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SCHD. Financial Gravity Asset Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth $25,000. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Legacy Investment Solutions LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $34,000. Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Finally, Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $38,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock traded down $0.06 during mid-day trading on Tuesday, reaching $27.21. 12,415,908 shares of the company traded hands, compared to its average volume of 15,616,009. The company has a market capitalization of $19.09 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average is $28.36 and its two-hundred day moving average is $27.74. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72.

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.