Alpha Cubed Investments LLC Raises Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Alpha Cubed Investments LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,549 shares of the company’s stock after acquiring an additional 1,751 shares during the period. Alpha Cubed Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,381,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Northcape Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $274,000. Brighton Jones LLC lifted its position in Schwab US Dividend Equity ETF by 7.3% in the 4th quarter. Brighton Jones LLC now owns 29,423 shares of the company’s stock valued at $2,240,000 after purchasing an additional 1,998 shares during the last quarter. Mission Wealth Management LP grew its holdings in Schwab US Dividend Equity ETF by 123.7% in the 4th quarter. Mission Wealth Management LP now owns 7,596 shares of the company’s stock worth $578,000 after buying an additional 4,200 shares in the last quarter. Firestone Capital Management raised its stake in Schwab US Dividend Equity ETF by 13.6% during the 4th quarter. Firestone Capital Management now owns 8,738 shares of the company’s stock valued at $665,000 after acquiring an additional 1,046 shares in the last quarter. Finally, Stonebridge Financial Planning Group LLC boosted its position in Schwab US Dividend Equity ETF by 8.6% during the 4th quarter. Stonebridge Financial Planning Group LLC now owns 29,146 shares of the company’s stock worth $2,219,000 after acquiring an additional 2,312 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded down $0.98 during trading hours on Tuesday, reaching $76.94. 2,423,490 shares of the company’s stock traded hands, compared to its average volume of 3,594,438. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The business’s fifty day simple moving average is $78.32 and its two-hundred day simple moving average is $75.31. The firm has a market capitalization of $53.82 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77.

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.