Baltimore Washington Financial Advisors Inc. Acquires 9,661 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Baltimore Washington Financial Advisors Inc. lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 373.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 12,249 shares of the company’s stock after buying an additional 9,661 shares during the period. Baltimore Washington Financial Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $335,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Colorado Capital Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after acquiring an additional 121 shares in the last quarter. Sunflower Bank N.A. grew its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after buying an additional 185 shares during the period. Sound Income Strategies LLC grew its stake in shares of Schwab US Dividend Equity ETF by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after buying an additional 191 shares during the period. Quent Capital LLC grew its stake in shares of Schwab US Dividend Equity ETF by 86.6% in the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after buying an additional 240 shares during the period. Finally, San Luis Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 2.0% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 12,781 shares of the company’s stock valued at $1,080,000 after buying an additional 247 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.72 on Tuesday. The stock has a 50-day moving average of $28.02 and a 200-day moving average of $27.96. The company has a market cap of $19.45 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one 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.