Park Avenue Securities LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Park Avenue Securities LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 232.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 931,020 shares of the company’s stock after purchasing an additional 650,852 shares during the period. Park Avenue Securities LLC owned approximately 0.13% of Schwab US Dividend Equity ETF worth $25,435,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Keystone Financial Planning Inc. raised its position in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the period. Wulff Hansen & CO. increased its position in Schwab US Dividend Equity ETF by 8,405.3% during the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock worth $113,175,000 after purchasing an additional 1,438,322 shares in the last quarter. Burkett Financial Services LLC increased its position in Schwab US Dividend Equity ETF by 201.1% during the 4th quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock worth $42,131,000 after purchasing an additional 1,030,031 shares in the last quarter. Noble Family Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 215.4% during the fourth quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock valued at $32,737,000 after buying an additional 821,050 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 209.1% during the third quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock worth $77,141,000 after buying an additional 617,308 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.8 %

NYSEARCA:SCHD opened at $27.52 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72. The firm has a market capitalization of $19.31 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s fifty day simple moving average is $28.26 and its 200 day simple moving average is $27.79.

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.