Scott Capital Advisors LLC Has $46.03 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Scott Capital Advisors LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 203.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,686,234 shares of the company’s stock after buying an additional 1,130,210 shares during the period. Schwab US Dividend Equity ETF comprises about 13.2% of Scott Capital Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Scott Capital Advisors LLC owned approximately 0.24% of Schwab US Dividend Equity ETF worth $46,034,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Financial Freedom LLC increased its stake in Schwab US Dividend Equity ETF by 105.9% during the fourth quarter. Financial Freedom LLC now owns 5,046 shares of the company’s stock valued at $138,000 after purchasing an additional 2,595 shares during the last quarter. Diversify Advisory Services LLC increased its stake in Schwab US Dividend Equity ETF by 8.2% during the fourth quarter. Diversify Advisory Services LLC now owns 46,822 shares of the company’s stock valued at $1,265,000 after purchasing an additional 3,534 shares during the last quarter. Pine Haven Investment Counsel Inc increased its stake in Schwab US Dividend Equity ETF by 328.4% during the fourth quarter. Pine Haven Investment Counsel Inc now owns 11,644 shares of the company’s stock valued at $318,000 after purchasing an additional 8,926 shares during the last quarter. Diversify Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 2.1% during the fourth quarter. Diversify Wealth Management LLC now owns 233,549 shares of the company’s stock valued at $6,308,000 after purchasing an additional 4,695 shares during the last quarter. Finally, LVW Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 203.4% during the fourth quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after purchasing an additional 2,412,003 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.99 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $25.03 and a 1-year high of $29.72. The firm has a fifty day moving average price of $28.19 and a two-hundred day moving average price of $27.84. 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 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.