Winthrop Advisory Group LLC Purchases 246,435 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Winthrop Advisory Group LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 371,601 shares of the company’s stock after acquiring an additional 246,435 shares during the period. Schwab US Dividend Equity ETF makes up about 1.1% of Winthrop Advisory Group LLC’s holdings, making the stock its 18th biggest position. Winthrop Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,152,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Wulff Hansen & CO. increased its holdings in Schwab US Dividend Equity ETF by 8,405.3% during the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock worth $113,175,000 after acquiring an additional 1,438,322 shares during the period. Burkett Financial Services LLC increased its holdings in Schwab US Dividend Equity ETF by 201.1% during the 4th quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock worth $42,131,000 after acquiring an additional 1,030,031 shares during the period. Sanctuary Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 209.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock worth $77,141,000 after acquiring an additional 617,308 shares during the period. Allied Investment Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 18,100.5% during the 3rd quarter. Allied Investment Advisors LLC now owns 477,398 shares of the company’s stock worth $40,354,000 after acquiring an additional 474,775 shares during the period. Finally, Waller Financial Planning Group Inc. increased its holdings in Schwab US Dividend Equity ETF by 202.0% during the 4th quarter. Waller Financial Planning Group Inc. now owns 678,808 shares of the company’s stock worth $18,545,000 after acquiring an additional 454,012 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock traded up $0.08 during midday trading on Monday, reaching $27.09. The company had a trading volume of 3,719,373 shares, compared to its average volume of 15,168,441. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The company has a market capitalization of $19.00 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm has a 50-day moving average price of $28.29 and a 200-day moving average price of $27.77.

About Schwab US Dividend Equity ETF

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.