HBW Advisory Services LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

HBW Advisory Services LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 299,149 shares of the company’s stock after acquiring an additional 197,845 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.1% of HBW Advisory Services LLC’s holdings, making the stock its 18th biggest holding. HBW Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,173,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Sage Capital Advisors llc lifted its position in shares of Schwab US Dividend Equity ETF by 201.2% during the 4th quarter. Sage Capital Advisors llc now owns 20,465 shares of the company’s stock worth $559,000 after buying an additional 13,670 shares during the last quarter. LVM Capital Management Ltd. MI raised its position in Schwab US Dividend Equity ETF by 207.6% in the 4th quarter. LVM Capital Management Ltd. MI now owns 123,036 shares of the company’s stock valued at $3,361,000 after purchasing an additional 83,043 shares during the last quarter. Ridgewood Investments LLC raised its position in Schwab US Dividend Equity ETF by 200.7% in the 4th quarter. Ridgewood Investments LLC now owns 6,090 shares of the company’s stock valued at $166,000 after purchasing an additional 4,065 shares during the last quarter. Hilltop National Bank raised its position in Schwab US Dividend Equity ETF by 203.8% in the 4th quarter. Hilltop National Bank now owns 44,434 shares of the company’s stock valued at $1,214,000 after purchasing an additional 29,808 shares during the last quarter. Finally, ST Germain D J Co. Inc. increased its stake in Schwab US Dividend Equity ETF by 84.0% in the 4th quarter. ST Germain D J Co. Inc. now owns 15,147 shares of the company’s stock valued at $414,000 after buying an additional 6,913 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD traded down $0.31 during trading on Friday, hitting $27.01. The stock had a trading volume of 17,014,377 shares, compared to its average volume of 16,345,145. The firm has a market capitalization of $18.95 billion, a P/E ratio of 15.04 and a beta of 0.74. The company’s 50-day moving average price is $28.31 and its 200 day moving average price is $27.74. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72.

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.