BXM Wealth LLC Grows Holdings in Schwab US Dividend Equity ETF $SCHD

BXM Wealth LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 171.0% during the fourth quarter, Holdings Channel reports. The firm owned 134,698 shares of the company’s stock after buying an additional 84,985 shares during the quarter. BXM Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,695,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Biltmore Family Office LLC lifted its stake in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares in the last quarter. Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $33,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $35,000. Reyes Financial Architecture Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $36,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $30.56 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The stock has a market capitalization of $84.52 billion, a PE ratio of 14.57 and a beta of 0.77. The firm has a 50 day moving average of $30.90 and a two-hundred day moving average of $28.67.

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.