Schwab US Dividend Equity ETF $SCHD is Stonehearth Capital Management LLC’s 4th Largest Position

Stonehearth Capital Management LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 616,416 shares of the company’s stock after purchasing an additional 58,613 shares during the period. Schwab US Dividend Equity ETF accounts for 6.5% of Stonehearth Capital Management LLC’s holdings, making the stock its 4th biggest position. Stonehearth Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,828,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth about $1,031,129,000. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after buying an additional 796,001 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 3.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 12,067,607 shares of the company’s stock valued at $330,049,000 after acquiring an additional 412,988 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $28.55 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The stock has a market capitalization of $74.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The stock has a 50 day moving average price of $27.41 and a 200 day moving average price of $27.26.

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.