Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Gradient Capital Advisors LLC

Gradient Capital Advisors LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 130,147 shares of the company’s stock after buying an additional 86,847 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.1% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Gradient Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,556,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sumitomo Life Insurance Co. lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares during the period. Orgel Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after buying an additional 6,804,908 shares during the period. Strategic Financial Concepts LLC boosted its stake in Schwab US Dividend Equity ETF by 9,346.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after buying an additional 3,538,664 shares in the last quarter. Keystone Financial Planning Inc. grew its holdings in 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 acquiring an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 207.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after purchasing an additional 3,286,917 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The stock’s fifty day moving average is $27.81 and its 200-day moving average is $27.99. The firm has a market capitalization of $19.55 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.