Graves Light Lenhart Wealth Inc. Has $18.46 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Graves Light Lenhart Wealth Inc. grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 672,914 shares of the company’s stock after acquiring an additional 38,126 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 2.0% of Graves Light Lenhart Wealth Inc.’s holdings, making the stock its 15th largest position. Graves Light Lenhart Wealth Inc.’s holdings in Schwab US Dividend Equity ETF were worth $18,458,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Dynamic Advisor Solutions LLC grew its stake in Schwab US Dividend Equity ETF by 1.1% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 346,845 shares of the company’s stock valued at $9,514,000 after purchasing an additional 3,728 shares in the last quarter. TABR Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $482,000. Elevation Wealth Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 8.3% during the 4th quarter. Elevation Wealth Partners LLC now owns 131,526 shares of the company’s stock worth $3,608,000 after purchasing an additional 10,055 shares during the last quarter. Fulton Bank N.A. raised its stake in shares of Schwab US Dividend Equity ETF by 41.7% during the 4th quarter. Fulton Bank N.A. now owns 26,394 shares of the company’s stock worth $724,000 after purchasing an additional 7,770 shares in the last quarter. Finally, Elmwood Wealth Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $1,003,000.

Schwab US Dividend Equity ETF Trading Down 0.7%

NYSEARCA:SCHD opened at $30.39 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The firm has a fifty day simple moving average of $30.57 and a 200 day simple moving average of $28.45. The stock has a market capitalization of $79.93 billion, a PE ratio of 14.57 and a beta of 0.77.

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.