Heritage Wealth Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 458.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 13,996 shares of the company’s stock after purchasing an additional 11,489 shares during the quarter. Heritage Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $382,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of SCHD. Central Pacific Bank Trust Division grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares during the last quarter. IFS Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Finally, Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $31,000.
Schwab US Dividend Equity ETF Trading Up 1.3 %
Schwab US Dividend Equity ETF stock opened at $28.54 on Friday. The firm has a 50-day moving average of $27.78 and a 200-day moving average of $28.10. The firm has a market cap of $69.92 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year 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.
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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
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