Heritage Wealth Management Inc. Raises Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Heritage Wealth Management Inc. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 458.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,996 shares of the company’s stock after buying an additional 11,489 shares during the period. Heritage Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $382,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at $38,000. Phillips Financial Management LLC increased its stake in Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after acquiring an additional 391 shares during the last quarter. Finally, Hobbs Group Advisors LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at $68,000.

Schwab US Dividend Equity ETF Stock Up 1.3 %

SCHD opened at $28.54 on Friday. The stock has a market cap of $69.92 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The business’s fifty day simple moving average is $27.78 and its 200 day simple moving average is $28.10.

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.