Gradient Capital Advisors LLC Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Gradient Capital Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,552 shares of the company’s stock after purchasing an additional 3,835 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.2% of Gradient Capital Advisors LLC’s holdings, making the stock its 27th biggest holding. Gradient Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. AMG National Trust Bank increased its position in Schwab US Dividend Equity ETF by 0.3% during the 4th quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock valued at $3,639,000 after purchasing an additional 130 shares during the period. SOA Wealth Advisors LLC. boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the 1st quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock valued at $1,062,000 after buying an additional 133 shares in the last quarter. Bogart Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock valued at $364,000 after buying an additional 135 shares in the last quarter. Grey Street Capital LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the 4th quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after buying an additional 136 shares in the last quarter. Finally, Zullo Investment Group Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during the 4th quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock valued at $2,437,000 after buying an additional 144 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.6 %

Shares of SCHD stock traded up $0.49 during mid-day trading on Friday, reaching $77.76. 3,536,614 shares of the company’s stock traded hands, compared to its average volume of 3,305,000. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The company has a market cap of $54.55 billion, a P/E ratio of 15.04 and a beta of 0.74. The company’s 50-day moving average price is $78.12 and its 200-day moving average price is $77.60.

About Schwab US Dividend Equity ETF

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.