Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Sendero Wealth Management LLC

Sendero Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 239.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 301,260 shares of the company’s stock after purchasing an additional 212,603 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.2% of Sendero Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Sendero Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,230,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $31,000. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $34,000. Barrett & Company Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at $38,000. Finally, Quent Capital LLC grew its position in Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after acquiring an additional 240 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.82 on Thursday. The business has a 50-day moving average of $28.23 and a two-hundred day moving average of $27.79. The firm has a market capitalization of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $24.97 and a 12 month high of $29.72.

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.