Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Heritage Wealth Advisors

Heritage Wealth Advisors lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1,101.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,802 shares of the company’s stock after buying an additional 1,652 shares during the period. Heritage Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $145,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Sumitomo Life Insurance Co. raised its holdings in Schwab US Dividend Equity ETF by 110.7% during the first quarter. Sumitomo Life Insurance Co. now owns 6,320,000 shares of the company’s stock worth $471,352,000 after purchasing an additional 3,320,000 shares in the last quarter. Focus Financial Network Inc. ADV bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $95,831,000. International Assets Investment Management LLC bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $89,561,000. Diversified LLC raised its holdings in Schwab US Dividend Equity ETF by 493.3% during the first quarter. Diversified LLC now owns 1,128,581 shares of the company’s stock worth $90,997,000 after purchasing an additional 938,356 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Schwab US Dividend Equity ETF by 11.8% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 5,712,485 shares of the company’s stock worth $460,598,000 after purchasing an additional 604,844 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.3 %

NYSEARCA:SCHD traded up $1.06 during midday trading on Wednesday, hitting $82.32. 3,723,068 shares of the stock were exchanged, compared to its average volume of 3,297,067. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $82.43. The company has a market capitalization of $57.75 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50-day moving average price of $78.25 and a two-hundred day moving average price of $77.82.

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.