HBK Sorce Advisory LLC Acquires 19,624 Shares of Schwab US Dividend Equity ETF $SCHD

HBK Sorce Advisory LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 244,681 shares of the company’s stock after purchasing an additional 19,624 shares during the period. HBK Sorce Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,712,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. acquired a new stake in Schwab US Dividend Equity ETF in the third quarter worth $847,665,000. Cibc World Market Inc. raised its holdings in Schwab US Dividend Equity ETF by 243.5% in the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock worth $145,471,000 after purchasing an additional 3,777,339 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares during the period. Keudell Morrison Wealth Management acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $43,773,000. Finally, Evergreen Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $41,630,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $32.83 on Monday. The firm’s fifty day moving average is $31.13 and its two-hundred day moving average is $29.68. The firm has a market cap of $93.19 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $25.69 and a twelve month high of $32.88.

About Schwab US Dividend Equity ETF

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.