HBK Sorce Advisory LLC Acquires 178,873 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

HBK Sorce Advisory LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 227.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,509 shares of the company’s stock after purchasing an additional 178,873 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of SCHD. Central Pacific Bank Trust Division raised its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. Moisand Fitzgerald Tamayo LLC raised its position in Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the period. PFG Private Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the period. Finally, IFS Advisors LLC raised its position in Schwab US Dividend Equity ETF by 184.4% in the 4th 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.

Schwab US Dividend Equity ETF Stock Down 1.1 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.44 on Thursday. The firm has a market cap of $68.05 billion, a PE ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company’s fifty day simple moving average is $27.88 and its two-hundred day simple moving average is $28.14.

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.