Hoese & Co LLP Takes $26,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 966 shares of the company’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Orgel Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after purchasing an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. lifted its holdings in Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the period. LVW Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 203.4% in the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after buying an additional 2,412,003 shares during the last quarter. Ameritas Advisory Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 217.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 2,173,729 shares of the company’s stock valued at $59,386,000 after buying an additional 1,488,281 shares during the last quarter. Finally, Howard Financial Services LTD. increased its stake in shares of Schwab US Dividend Equity ETF by 207.6% in the fourth quarter. Howard Financial Services LTD. now owns 2,021,759 shares of the company’s stock valued at $55,234,000 after buying an additional 1,364,511 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.99 on Tuesday. The stock’s 50 day moving average is $28.16 and its 200 day moving average is $27.85. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72. The firm has a market cap of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.