Hoese & Co LLP Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 966 shares of the company’s stock, valued at approximately $26,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Breakwater Investment Management raised its position in shares of Schwab US Dividend Equity ETF by 190.9% in the 4th quarter. Breakwater Investment Management now owns 161,099 shares of the company’s stock valued at $4,401,000 after buying an additional 105,722 shares in the last quarter. Colorado Capital Management Inc. lifted its stake in Schwab US Dividend Equity ETF by 204.9% during the fourth quarter. Colorado Capital Management Inc. now owns 35,361 shares of the company’s stock worth $966,000 after purchasing an additional 23,765 shares during the last quarter. Harbor Investment Advisory LLC increased its stake in shares of Schwab US Dividend Equity ETF by 205.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 10,330 shares of the company’s stock valued at $282,000 after purchasing an additional 6,946 shares during the last quarter. Gemmer Asset Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 202.8% during the 4th quarter. Gemmer Asset Management LLC now owns 22,692 shares of the company’s stock worth $620,000 after buying an additional 15,197 shares in the last quarter. Finally, Zhang Financial LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $2,042,000.

Schwab US Dividend Equity ETF Stock Up 0.6 %

NYSEARCA:SCHD opened at $27.99 on Tuesday. The firm has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.03 and a twelve month high of $29.72. The stock’s 50-day simple moving average is $28.16 and its 200 day simple moving average is $27.85.

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.