Unique Wealth Strategies LLC Invests $419,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Unique Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,500 shares of the company’s stock, valued at approximately $419,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHD. Raleigh Capital Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $28,000. Bear Mountain Capital Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $34,000. Howe & Rusling Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 209.8% in the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after buying an additional 344 shares during the period. Carmel Capital Partners LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $39,000. Finally, Venturi Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $44,000.

Schwab US Dividend Equity ETF Trading Down 0.1 %

Schwab US Dividend Equity ETF stock traded down $0.08 during midday trading on Friday, reaching $77.48. 2,394,771 shares of the stock traded hands, compared to its average volume of 3,622,651. The firm has a fifty day moving average price of $78.31 and a two-hundred day moving average price of $75.23. The firm has a market cap of $54.20 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82.

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.