Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Hoylecohen LLC

Hoylecohen LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,024 shares of the company’s stock after acquiring an additional 574 shares during the quarter. Hoylecohen LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,265,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHD. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $228,390,000. International Assets Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $89,561,000. LPL Financial LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares in the last quarter. DDD Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 12,161.9% in the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after buying an additional 484,167 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 34.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after acquiring an additional 476,951 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock traded up $0.11 during mid-day trading on Friday, hitting $78.09. 2,389,990 shares of the stock were exchanged, compared to its average volume of 3,422,266. The stock’s fifty day simple moving average is $78.56 and its two-hundred day simple moving average is $76.41. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82. The stock has a market capitalization of $54.78 billion, a price-to-earnings 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.