Kellett Wealth Advisors LLC Acquires 272,961 Shares of Schwab US Dividend Equity ETF $SCHD

Kellett Wealth Advisors LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 74.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 637,860 shares of the company’s stock after buying an additional 272,961 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 8.2% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Kellett Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $20,750,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. KG Capital Management lifted its stake in Schwab US Dividend Equity ETF by 19.7% in the 3rd quarter. KG Capital Management now owns 76,416 shares of the company’s stock valued at $2,486,000 after acquiring an additional 12,571 shares in the last quarter. VMS Asset Management Limited acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $9,823,000. Howard Financial Services LTD. boosted its position in Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. Howard Financial Services LTD. now owns 1,962,559 shares of the company’s stock worth $63,842,000 after acquiring an additional 58,886 shares during the last quarter. ZWJ Investment Counsel Inc. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $206,000. Finally, Triangle Securities Wealth Management bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $233,000.

Schwab US Dividend Equity ETF Stock Up 1.0%

Shares of SCHD stock opened at $33.71 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31. The company’s fifty day simple moving average is $34.00 and its 200-day simple moving average is $32.71. The firm has a market cap of $112.62 billion, a PE ratio of 14.57 and a beta of 0.68.

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.