Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Boosted by Procyon Advisors LLC

Procyon Advisors LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 169.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,499 shares of the company’s stock after buying an additional 9,754 shares during the quarter. Procyon Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $423,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares in the last quarter. Keystone Financial Planning Inc. increased its stake in Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares during the period. Orgel Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.7% in the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after buying an additional 70,852 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after buying an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.6 %

SCHD opened at $27.99 on Friday. The company’s 50-day moving average price is $28.19 and its 200 day moving average price is $27.82. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72. The firm has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company Profile

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.