Hengehold Capital Management LLC Buys 670,820 Shares of Schwab US Dividend Equity ETF $SCHD

Hengehold Capital Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 670,820 shares of the company’s stock, valued at approximately $21,822,000. Schwab US Dividend Equity ETF makes up approximately 1.7% of Hengehold Capital Management LLC’s holdings, making the stock its 14th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. Eagle Strategies LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.5% during the third quarter. Eagle Strategies LLC now owns 223,164 shares of the company’s stock valued at $7,260,000 after acquiring an additional 3,311 shares in the last quarter. Vontobel Holding Ltd. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $220,000. Sard Wealth Management Group LLC boosted its stake in Schwab US Dividend Equity ETF by 0.9% in the 3rd quarter. Sard Wealth Management Group LLC now owns 479,959 shares of the company’s stock worth $15,613,000 after purchasing an additional 4,235 shares in the last quarter. TD Waterhouse Canada Inc. boosted its stake in Schwab US Dividend Equity ETF by 268.9% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 49,906 shares of the company’s stock worth $1,630,000 after purchasing an additional 36,379 shares in the last quarter. Finally, WealthBridge Capital Management LLC grew its position in Schwab US Dividend Equity ETF by 9.6% during the 3rd quarter. WealthBridge Capital Management LLC now owns 50,567 shares of the company’s stock worth $1,645,000 after purchasing an additional 4,412 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD traded up $0.25 during trading hours on Friday, hitting $34.35. 25,135,255 shares of the company were exchanged, compared to its average volume of 22,467,555. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31. The stock has a market capitalization of $114.95 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company’s 50 day moving average price is $34.01 and its 200-day moving average price is $32.75.

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.