Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by HBW Advisory Services LLC

HBW Advisory Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 299,149 shares of the company’s stock after purchasing an additional 197,845 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.1% of HBW Advisory Services LLC’s investment portfolio, making the stock its 18th largest position. HBW Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,173,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after buying an additional 350,872 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after acquiring an additional 297,674 shares during the period. Orgel Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after acquiring an additional 70,852 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after buying an additional 101,637 shares during the period. Finally, Keystone Financial Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 5.4% in the third quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock valued at $157,133,000 after buying an additional 94,765 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD traded down $0.31 during mid-day trading on Friday, hitting $27.01. The company’s stock had a trading volume of 17,014,377 shares, compared to its average volume of 16,345,145. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The stock’s fifty day simple moving average is $28.31 and its two-hundred day simple moving average is $27.74. The firm has a market capitalization of $18.95 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.