Alley Investment Management Company LLC Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Alley Investment Management Company LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,186 shares of the company’s stock after acquiring an additional 10,138 shares during the quarter. Alley Investment Management Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $415,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Central Pacific Bank Trust Division increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares during the period. IFS Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Finally, Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000.

Schwab US Dividend Equity ETF Stock Down 0.5 %

Shares of NYSEARCA SCHD opened at $28.40 on Tuesday. The stock has a market cap of $69.58 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 has a 50-day moving average price of $27.80 and a 200 day moving average price of $28.12.

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.