Schwab US Dividend Equity ETF $SCHD Shares Purchased by HB Wealth Management LLC

HB Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,579,368 shares of the company’s stock after buying an additional 82,207 shares during the quarter. HB Wealth Management LLC owned 0.06% of Schwab US Dividend Equity ETF worth $43,322,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Rakuten Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $847,665,000. Avantax Planning Partners Inc. grew its stake in Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after acquiring an additional 280,277 shares during the period. Cerity Partners LLC grew its stake in Schwab US Dividend Equity ETF by 18.0% in the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after acquiring an additional 1,005,469 shares during the period. Finally, Cassaday & Co Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 2.5% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 6,073,520 shares of the company’s stock worth $165,807,000 after acquiring an additional 150,965 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $31.01 on Thursday. The stock has a market capitalization of $87.47 billion, a P/E ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a one year low of $25.28 and a one year high of $31.95. The company has a 50 day moving average price of $31.00 and a two-hundred day moving average price of $28.98.

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.