Foguth Wealth Management LLC. Has $7.33 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Foguth Wealth Management LLC. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 259.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 261,167 shares of the company’s stock after purchasing an additional 188,533 shares during the quarter. Schwab US Dividend Equity ETF makes up 1.9% of Foguth Wealth Management LLC.’s holdings, making the stock its 15th biggest position. Foguth Wealth Management LLC.’s holdings in Schwab US Dividend Equity ETF were worth $7,331,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC raised its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $163,000. Synovus Financial Corp grew its position in shares of Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after purchasing an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.1 %

NYSEARCA SCHD opened at $27.76 on Wednesday. The company has a market cap of $19.47 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average of $27.98 and a 200-day moving average of $27.97. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72.

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.