Kellett Wealth Advisors LLC Raises Stake in Schwab US Dividend Equity ETF $SCHD

Kellett Wealth Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 251,806 shares of the company’s stock after buying an additional 42,162 shares during the period. Schwab US Dividend Equity ETF makes up about 3.9% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest position. Kellett Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,907,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Ellis Investment Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after acquiring an additional 375 shares in the last quarter. Harbor Group Inc. increased its holdings in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares in the last quarter. Westside Investment Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 5.6% in the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after acquiring an additional 383 shares in the last quarter. International Private Wealth Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 3.3% in the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after acquiring an additional 397 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in Schwab US Dividend Equity ETF by 3.4% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after acquiring an additional 402 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.2%

Schwab US Dividend Equity ETF stock opened at $30.56 on Friday. The firm has a 50 day moving average of $31.03 and a 200 day moving average of $28.77. The firm has a market capitalization of $85.13 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a 12-month low of $24.63 and a 12-month high of $31.95.

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.