Weitzel Financial Services Inc. Has $20.95 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Weitzel Financial Services Inc. increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 683,477 shares of the company’s stock after acquiring an additional 25,930 shares during the period. Schwab US Dividend Equity ETF comprises approximately 7.5% of Weitzel Financial Services Inc.’s holdings, making the stock its 3rd largest holding. Weitzel Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $20,955,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares during the period. Cibc World Market Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after acquiring an additional 1,694,144 shares in the last quarter. Keudell Morrison Wealth Management acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $43,773,000. Baer Investment Advisory LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $46,847,000. Finally, Evergreen Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $41,630,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.34 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The business has a 50 day simple moving average of $32.13 and a 200 day simple moving average of $30.84. The stock has a market cap of $97.92 billion, a price-to-earnings 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.