Code Waechter LLC Increases Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Code Waechter LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,233 shares of the company’s stock after purchasing an additional 23,508 shares during the quarter. Schwab US Dividend Equity ETF comprises 0.8% of Code Waechter LLC’s investment portfolio, making the stock its 28th biggest position. Code Waechter LLC’s holdings in Schwab US Dividend Equity ETF were worth $963,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SCHD. Central Pacific Bank Trust Division lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Legacy Investment Solutions LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Finally, Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $38,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.30 on Tuesday. The stock has a market capitalization of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s 50-day simple moving average is $28.27 and its 200-day simple moving average is $27.78. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year 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.