Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Advisory Alpha LLC

Advisory Alpha LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 240.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 489,219 shares of the company’s stock after purchasing an additional 345,572 shares during the period. Advisory Alpha LLC owned about 0.07% of Schwab US Dividend Equity ETF worth $13,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in SCHD. Missouri Trust & Investment Co lifted its stake in Schwab US Dividend Equity ETF by 195.4% in the fourth quarter. Missouri Trust & Investment Co now owns 58,014 shares of the company’s stock worth $1,585,000 after acquiring an additional 38,372 shares during the last quarter. Dakota Wealth Management lifted its position in shares of Schwab US Dividend Equity ETF by 192.8% during the 4th quarter. Dakota Wealth Management now owns 815,641 shares of the company’s stock worth $22,283,000 after purchasing an additional 537,045 shares during the last quarter. Davis Capital Management lifted its position in shares of Schwab US Dividend Equity ETF by 179.2% during the 4th quarter. Davis Capital Management now owns 298,672 shares of the company’s stock worth $8,160,000 after purchasing an additional 191,702 shares during the last quarter. XML Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 214.9% during the fourth quarter. XML Financial LLC now owns 382,968 shares of the company’s stock worth $10,463,000 after purchasing an additional 261,349 shares in the last quarter. Finally, Traphagen Investment Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 121.3% in the fourth quarter. Traphagen Investment Advisors LLC now owns 28,711 shares of the company’s stock valued at $784,000 after buying an additional 15,737 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.22 on Wednesday. The business has a 50-day moving average of $28.16 and a two-hundred day moving average of $27.85. The company has a market capitalization of $19.80 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year 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.