Tennessee Valley Asset Management Partners Acquires 6,645 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tennessee Valley Asset Management Partners boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 237.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,439 shares of the company’s stock after acquiring an additional 6,645 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Schwab US Dividend Equity ETF were worth $258,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after purchasing an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 159.8% in the 4th 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 last quarter. 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 in the last quarter. Commonwealth Equity Services LLC boosted its position in 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 buying an additional 297,674 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after buying an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

SCHD stock opened at $28.07 on Monday. The business has a fifty day moving average of $28.10 and a 200-day moving average of $27.92. The company has a market cap of $19.69 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72.

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.