Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Increased by GM Advisory Group LLC

GM Advisory Group LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 261.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 179,364 shares of the company’s stock after purchasing an additional 129,680 shares during the quarter. GM Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,900,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SCHD. Phillips Financial Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after buying an additional 391 shares in the last quarter. Drive Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $286,000. Joseph Group Capital Management raised its position in shares of Schwab US Dividend Equity ETF by 6.1% during the 3rd quarter. Joseph Group Capital Management now owns 105,104 shares of the company’s stock worth $8,884,000 after buying an additional 6,047 shares in the last quarter. Pathstone Holdings LLC raised its position in shares of Schwab US Dividend Equity ETF by 9.4% during the 3rd quarter. Pathstone Holdings LLC now owns 297,740 shares of the company’s stock worth $25,168,000 after buying an additional 25,612 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 11.7% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 66,316 shares of the company’s stock worth $5,606,000 after buying an additional 6,933 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD stock opened at $27.92 on Wednesday. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The company has a market capitalization of $69.24 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. The firm’s 50-day moving average is $27.91 and its two-hundred day moving average is $28.13.

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.