Barnes Pettey Financial Advisors LLC Purchases 125,849 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Barnes Pettey Financial Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 186,708 shares of the company’s stock after acquiring an additional 125,849 shares during the period. Schwab US Dividend Equity ETF makes up about 3.9% of Barnes Pettey Financial Advisors LLC’s portfolio, making the stock its 3rd largest holding. Barnes Pettey Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,101,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SCHD. Sumitomo Life Insurance Co. raised its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. LPL Financial LLC raised its holdings in Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after buying an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. increased its position in Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

NYSEARCA SCHD opened at $27.98 on Friday. The company has a market capitalization of $19.63 billion, a price-to-earnings 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. The stock has a fifty day simple moving average of $28.07 and a 200 day simple moving average of $27.94.

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.