Silver Oak Securities Incorporated Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Silver Oak Securities Incorporated boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 117.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 283,709 shares of the company’s stock after buying an additional 153,319 shares during the period. Schwab US Dividend Equity ETF comprises 0.7% of Silver Oak Securities Incorporated’s holdings, making the stock its 29th biggest position. Silver Oak Securities Incorporated’s holdings in Schwab US Dividend Equity ETF were worth $7,725,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Sumitomo Life Insurance Co. grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. increased its position in Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. HHM Wealth Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 207.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after purchasing an additional 3,286,917 shares during the period. Finally, LVW Advisors LLC increased its position 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 acquiring an additional 2,412,003 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.95 on Thursday. The business has a 50 day simple moving average of $27.95 and a two-hundred day simple moving average of $27.97. The firm has a market capitalization of $19.61 billion, a PE 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.

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.