Private Client Services LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Private Client Services LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 16,841 shares of the company’s stock after acquiring an additional 11,078 shares during the quarter. Private Client Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $460,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SCHD. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after purchasing an additional 297,674 shares during the period. Orgel Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after purchasing an additional 70,852 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after purchasing an additional 101,637 shares in the last quarter. Finally, Keystone Financial Planning Inc. lifted its position in Schwab US Dividend Equity ETF by 5.4% during the third quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock valued at $157,133,000 after buying an additional 94,765 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.0 %

Shares of NYSEARCA:SCHD traded up $0.01 during midday trading on Wednesday, reaching $27.27. The company’s stock had a trading volume of 9,000,417 shares, compared to its average volume of 15,241,043. The firm has a 50 day moving average of $28.35 and a 200-day moving average of $27.75. The firm has a market capitalization of $19.13 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month 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.