Whitaker Myers Wealth Managers Expand Holdings in Schwab US Dividend Equity ETF

During the fourth quarter, Whitaker Myers Wealth Managers LTD. notably increased its investment in the Schwab US Dividend Equity ETF (NYSEARCA:SCHD), enhancing its portfolio by 12.3%. Post-acquisition, the firm's total share count in SCHD stood at 203,264, reflecting the addition of 22,221 new shares. This expansion underscores Whitaker Myers's strategic focus on dividend-yielding assets, with SCHD now forming 7.7% of its total investment portfolio and ranking as the third-largest position.

Significant Moves by Other Investors

In parallel, other major investors have also adjusted their stakes in the ETF. Moneta Group Investment Advisors LLC has remarkably grown its position by more than 104%, now controlling over 52 million shares. Cowa LLC, boosting its holdings by an impressive 6,644.7%, and the Royal Bank of Canada, doubling its stakes, amplified their exposure significantly. New stakes were acquired by CI Private Wealth LLC and Dechtman Wealth Management LLC, valuing roughly $135 million and $79 million, respectively.

ETF Market Performance

The market standing of SCHD is underscored by its recent opening share price of $79.38 and a solid market capitalization of $52.25 billion. With a favorable price-to-earnings ratio and a moderate beta, the ETF displays a strong performance track. The stability of SCHD is also reflected in its moving averages, which help investors gauge its market trend alignment.

About Schwab US Dividend Equity ETF

SCHD represents an exchange-traded fund tracking the Dow Jones U.S. Dividend 100 index, focusing on dividend-paying US equities known for their reliability. Since its inception in 2011, the ETF has been managed by Schwab and has served as a preferential option for income-focused investors.

For further insights into hedge fund activities and insider trades involving the Schwab US Dividend Equity ETF, interested parties can reference public filings available with regulatory authorities.

Whitaker, Schwab, Investment