Weitzel Financial Services Inc. Has $663,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Weitzel Financial Services Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 190.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,134 shares of the company’s stock after acquiring an additional 5,994 shares during the period. Schwab US Dividend Equity ETF comprises approximately 0.4% of Weitzel Financial Services Inc.’s holdings, making the stock its 23rd largest holding. Weitzel Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $663,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Congress Wealth Management LLC DE acquired a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $5,893,000. Theory Financial LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.8% in the first quarter. Theory Financial LLC now owns 47,815 shares of the company’s stock valued at $3,498,000 after acquiring an additional 1,318 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 27.2% in the 1st quarter. Belpointe Asset Management LLC now owns 64,718 shares of the company’s stock worth $4,735,000 after acquiring an additional 13,825 shares in the last quarter. SouthState Corp bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $157,000. Finally, Larson Financial Group LLC increased its holdings in Schwab US Dividend Equity ETF by 28.3% during the 1st quarter. Larson Financial Group LLC now owns 1,774 shares of the company’s stock valued at $130,000 after purchasing an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded down $0.42 during trading hours on Friday, hitting $73.92. 796,285 shares of the company’s stock were exchanged, compared to its average volume of 3,128,404. The stock’s 50-day moving average is $74.08 and its 200-day moving average is $72.70. Schwab US Dividend Equity ETF has a 52 week low of $65.96 and a 52 week high of $79.49. The stock has a market cap of $48.65 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88.

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.