Winthrop Advisory Group LLC Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Winthrop Advisory Group LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 371,601 shares of the company’s stock after acquiring an additional 246,435 shares during the quarter. Schwab US Dividend Equity ETF makes up 1.1% of Winthrop Advisory Group LLC’s holdings, making the stock its 18th biggest position. Winthrop Advisory Group LLC owned approximately 0.05% of Schwab US Dividend Equity ETF worth $10,152,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Ashton Thomas Private Wealth LLC purchased a new position in Schwab US Dividend Equity ETF in the second quarter valued at about $72,000. Oppenheimer Asset Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 45.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 58,752 shares of the company’s stock valued at $4,569,000 after purchasing an additional 18,220 shares during the period. Evergreen Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.7% in the second quarter. Evergreen Advisors LLC now owns 445,174 shares of the company’s stock valued at $34,617,000 after purchasing an additional 15,909 shares during the period. Tennessee Valley Asset Management Partners bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $209,000. Finally, Fairfield Financial Advisors LTD bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $39,000.

Schwab US Dividend Equity ETF Trading Up 0.3 %

Shares of NYSEARCA SCHD traded up $0.08 during midday trading on Monday, hitting $27.09. The company’s stock had a trading volume of 3,719,373 shares, compared to its average volume of 15,168,441. The stock has a fifty day moving average price of $28.29 and a 200 day moving average price of $27.77. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The firm has a market capitalization of $19.00 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.