Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Smart Portfolios LLC

Smart Portfolios LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,685 shares of the company’s stock after buying an additional 17,019 shares during the period. Smart Portfolios LLC’s holdings in Schwab US Dividend Equity ETF were worth $702,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tyler Stone Wealth Management grew its holdings in Schwab US Dividend Equity ETF by 224.6% during the third quarter. Tyler Stone Wealth Management now owns 2,691 shares of the company’s stock valued at $227,000 after purchasing an additional 1,862 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Patten & Patten Inc. TN boosted its position in shares of Schwab US Dividend Equity ETF by 10.4% during the third quarter. Patten & Patten Inc. TN now owns 10,255 shares of the company’s stock worth $867,000 after buying an additional 970 shares during the period. Everhart Financial Group Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. Everhart Financial Group Inc. now owns 47,307 shares of the company’s stock valued at $4,004,000 after buying an additional 1,022 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 32.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 70,244 shares of the company’s stock valued at $5,938,000 after acquiring an additional 17,015 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.74 on Wednesday. The stock has a market cap of $68.80 billion, a PE ratio of 17.56 and a beta of 0.86. The firm has a 50-day moving average of $27.88 and a 200-day moving average of $28.14. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.