McGlone Suttner Wealth Management Inc. Purchases 25,089 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

McGlone Suttner Wealth Management Inc. grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 168.3% during the 4th quarter, HoldingsChannel reports. The firm owned 39,998 shares of the company’s stock after acquiring an additional 25,089 shares during the quarter. McGlone Suttner Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,093,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the period. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. IFS Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $31,000. Finally, Olistico Wealth LLC boosted its position in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.6 %

NYSEARCA:SCHD opened at $28.09 on Friday. The firm has a market capitalization of $19.71 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The firm has a 50-day moving average price of $28.13 and a 200 day moving average price of $27.87.

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.