53,352 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Acquired by Berry Wealth Group LP

Berry Wealth Group LP acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 53,352 shares of the company’s stock, valued at approximately $4,062,000. Schwab US Dividend Equity ETF comprises about 3.7% of Berry Wealth Group LP’s portfolio, making the stock its 11th biggest position.

A number of other institutional investors have also recently bought and sold shares of the business. Raleigh Capital Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $28,000. Bear Mountain Capital Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $34,000. Howe & Rusling Inc. grew 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 $39,000. Finally, Venturi Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $44,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD traded down $0.08 during trading hours on Wednesday, reaching $76.91. 1,916,310 shares of the company’s stock were exchanged, compared to its average volume of 3,572,808. The company has a market capitalization of $53.80 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The company’s 50-day moving average is $78.32 and its two-hundred day moving average is $75.35. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year 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.