Hilltop National Bank Buys 29,808 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hilltop National Bank boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 203.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,434 shares of the company’s stock after purchasing an additional 29,808 shares during the quarter. Hilltop National Bank’s holdings in Schwab US Dividend Equity ETF were worth $1,214,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. ST Germain D J Co. Inc. increased its position in shares of Schwab US Dividend Equity ETF by 84.0% during the fourth quarter. ST Germain D J Co. Inc. now owns 15,147 shares of the company’s stock worth $414,000 after purchasing an additional 6,913 shares in the last quarter. ORG Partners LLC grew its stake in Schwab US Dividend Equity ETF by 199.4% during the 4th quarter. ORG Partners LLC now owns 270,934 shares of the company’s stock worth $7,402,000 after buying an additional 180,446 shares during the last quarter. Baker Tilly Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 164.7% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 39,852 shares of the company’s stock valued at $1,089,000 after buying an additional 24,799 shares in the last quarter. Fortitude Family Office LLC raised its stake in Schwab US Dividend Equity ETF by 89.5% in the fourth quarter. Fortitude Family Office LLC now owns 2,985 shares of the company’s stock valued at $82,000 after buying an additional 1,410 shares during the last quarter. Finally, Legacy Private Trust Co. boosted its holdings in Schwab US Dividend Equity ETF by 196.0% in the fourth quarter. Legacy Private Trust Co. now owns 212,492 shares of the company’s stock worth $5,805,000 after acquiring an additional 140,705 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.2 %

Shares of NYSEARCA SCHD traded down $0.34 during midday trading on Friday, reaching $26.98. The company had a trading volume of 7,940,450 shares, compared to its average volume of 14,724,462. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The business’s 50-day simple moving average is $28.31 and its 200 day simple moving average is $27.74. The stock has a market cap of $18.93 billion, a P/E 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.