Andrews Lucia Wealth Management LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Andrews Lucia Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,852 shares of the company’s stock after purchasing an additional 11,957 shares during the quarter. Schwab US Dividend Equity ETF accounts for 0.3% of Andrews Lucia Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Andrews Lucia Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $488,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. May Barnhard Investments LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.6% in the 1st quarter. May Barnhard Investments LLC now owns 28,324 shares of the company’s stock valued at $792,000 after purchasing an additional 447 shares in the last quarter. Sunflower Bank N.A. increased its holdings in shares of Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. Sunflower Bank N.A. now owns 14,076 shares of the company’s stock valued at $394,000 after purchasing an additional 450 shares in the last quarter. Traphagen Investment Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.9% in the 1st quarter. Traphagen Investment Advisors LLC now owns 29,256 shares of the company’s stock valued at $818,000 after purchasing an additional 545 shares in the last quarter. Janney Capital Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 0.8% in the 1st quarter. Janney Capital Management LLC now owns 68,751 shares of the company’s stock valued at $1,922,000 after purchasing an additional 557 shares in the last quarter. Finally, SOA Wealth Advisors LLC. increased its holdings in shares of Schwab US Dividend Equity ETF by 1.6% in the 1st quarter. SOA Wealth Advisors LLC. now owns 36,440 shares of the company’s stock valued at $1,019,000 after purchasing an additional 587 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.3%

Shares of SCHD opened at $26.64 on Friday. The company has a 50-day simple moving average of $26.07 and a 200-day simple moving average of $27.11. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The company has a market capitalization of $69.26 billion, a PE ratio of 14.34 and a beta of 0.80.

Schwab US Dividend Equity ETF Company 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.