Silver Oak Securities Incorporated Purchases 153,319 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Silver Oak Securities Incorporated increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 117.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 283,709 shares of the company’s stock after purchasing an additional 153,319 shares during the period. Schwab US Dividend Equity ETF accounts for 0.7% of Silver Oak Securities Incorporated’s investment portfolio, making the stock its 29th largest position. Silver Oak Securities Incorporated’s holdings in Schwab US Dividend Equity ETF were worth $7,725,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sumitomo Life Insurance Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after acquiring an additional 17,880,000 shares during the last quarter. Orgel Wealth Management LLC raised 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 valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. increased its position in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after buying an additional 3,506,729 shares during the period. HHM Wealth Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after buying an additional 3,286,917 shares in the last quarter. Finally, LVW Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 203.4% in the fourth quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock worth $98,287,000 after buying an additional 2,412,003 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.95 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The stock’s 50 day simple moving average is $27.95 and its two-hundred day simple moving average is $27.97. The stock has a market cap of $19.61 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.