Wagner Wealth Management LLC Takes $134,000 Position in Schwab Strategic Trust (NYSEARCA:SCHD)

Wagner Wealth Management LLC purchased a new position in shares of Schwab Strategic Trust (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,559 shares of the company’s stock, valued at approximately $134,000.

A number of other large investors have also recently added to or reduced their stakes in SCHD. QS Investors LLC raised its stake in Schwab Strategic Trust by 3,306.3% in the 4th quarter. QS Investors LLC now owns 834,203 shares of the company’s stock valued at $42,686,000 after acquiring an additional 809,713 shares during the period. Alliancebernstein L.P. bought a new stake in Schwab Strategic Trust in the 4th quarter valued at $27,469,000. Mariner Wealth Advisors LLC raised its stake in Schwab Strategic Trust by 1,021.7% in the 4th quarter. Mariner Wealth Advisors LLC now owns 429,601 shares of the company’s stock valued at $21,982,000 after acquiring an additional 391,301 shares during the period. GFS Private Wealth LLC bought a new stake in Schwab Strategic Trust in the 4th quarter valued at $12,643,000. Finally, Madison Investment Holdings Inc. raised its stake in Schwab Strategic Trust by 38.2% in the 4th quarter. Madison Investment Holdings Inc. now owns 774,947 shares of the company’s stock valued at $39,654,000 after acquiring an additional 214,007 shares during the period.

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SCHD traded up $0.50 during trading hours on Monday, reaching $49.64. The company’s stock had a trading volume of 877,849 shares, compared to its average volume of 1,059,044. Schwab Strategic Trust has a 52 week low of $44.12 and a 52 week high of $54.60.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Monday, March 19th were issued a $0.2615 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date was Friday, March 16th.

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Institutional Ownership by Quarter for Schwab Strategic Trust (NYSEARCA:SCHD)

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