HB Wealth Management LLC Grows Stock Holdings in Schwab US Dividend Equity ETF $SCHD

HB Wealth Management LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,643,156 shares of the company’s stock after buying an additional 63,788 shares during the quarter. HB Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $50,412,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Cassaday & Co Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares in the last quarter. Cibc World Market Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter. Keudell Morrison Wealth Management purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $43,773,000. Baer Investment Advisory LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at about $46,847,000. Finally, Evergreen Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $41,630,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $32.39 on Friday. The company has a market capitalization of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92. The business’s 50-day moving average is $32.06 and its 200 day moving average is $30.72.

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.