Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Lifted by High Net Worth Advisory Group LLC

High Net Worth Advisory Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 234,670 shares of the company’s stock after purchasing an additional 159,328 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 1.8% of High Net Worth Advisory Group LLC’s portfolio, making the stock its 9th biggest position. High Net Worth Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,411,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. IFS Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Finally, Olistico Wealth LLC increased its stake in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $28.07 on Monday. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The company has a 50-day simple moving average of $28.10 and a 200-day simple moving average of $27.92. The stock has a market capitalization of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.