Bar Harbor Wealth Management Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bar Harbor Wealth Management raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 142.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,500 shares of the company’s stock after buying an additional 5,000 shares during the quarter. Bar Harbor Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after buying an additional 350,872 shares in the last quarter. Keystone Financial Planning Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares in the last quarter. Orgel Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.7% in the third quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after purchasing an additional 70,852 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after purchasing an additional 101,637 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The stock has a market cap of $19.15 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average price is $28.27 and its 200-day moving average price is $27.78.

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.