Kovack Advisors Inc. Buys 79,399 Shares of Schwab US Dividend Equity ETF $SCHD

Kovack Advisors Inc. raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 119.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 146,094 shares of the company’s stock after buying an additional 79,399 shares during the period. Kovack Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,007,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. increased its position in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares during the last quarter. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $25,000. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Finally, Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $33,000.

Key Headlines Impacting Schwab US Dividend Equity ETF

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

• Positive Sentiment: Multiple articles argued that SCHD remains a “gold standard” among dividend ETFs, emphasizing its quality screen, stronger performance, and lower risk than higher-yield alternatives. SCHD Vs. PFFA: Ditching The Yield Trap For Schwab’s Gold Standard
• Positive Sentiment: Coverage showing that a $1 million investment in SCHD in 2016 grew to about $2.3 million while also producing substantial dividend income may attract more income-focused investors. Retiring? Buy SCHD. $1m into 2.3m since 2016, $53K/y in dividends. No Reinvestments.
• Positive Sentiment: Another recent piece said SCHD is a good time to buy, noting the ETF has held up relatively well even as broader markets weakened and that it remains near its year-to-date high. SCHD stock: Why it is a good time to buy this dividend ETF
• Neutral Sentiment: Several comparison articles discussed SCHD favorably against VYM and HDV, but these were mainly relative-value debates rather than new fund-specific catalysts. SCHD vs. VYM: Which Dividend ETF Builds a Better Income Stream? HDV: Less Stable Than SCHD With No Dividend Or Quality Advantage
• Negative Sentiment: One Seeking Alpha article argued that dividend ETFs like SCHD still face valuation, earnings, and sector-concentration risk, suggesting the fund is not as defensive as many investors assume. Why The ETF With The Worst Sharpe Ratio Is Our Top Pick

Schwab US Dividend Equity ETF Stock Up 0.8%

Shares of NYSEARCA:SCHD opened at $32.53 on Friday. The firm’s 50 day moving average price is $31.64 and its 200-day moving average price is $30.22. Schwab US Dividend Equity ETF has a twelve month low of $26.16 and a twelve month high of $32.91. The stock has a market capitalization of $92.34 billion, a PE ratio of 14.57 and a beta of 0.67.

Schwab US Dividend Equity ETF 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.