Financial Engines Advisors L.L.C. Purchases 29,643 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Engines Advisors L.L.C. lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 328.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 38,659 shares of the company’s stock after buying an additional 29,643 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Schwab US Dividend Equity ETF were worth $1,056,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division lifted its position in shares of 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 bought a new position in Schwab US Dividend Equity ETF in the fourth quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in 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 worth $28,000 after buying an additional 777 shares during the period. PFG Private Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares in the last quarter. Finally, IFS Advisors LLC increased its holdings in shares of 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 valued at $29,000 after acquiring an additional 699 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD opened at $27.80 on Thursday. The firm has a market cap of $68.94 billion, a price-to-earnings 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 stock has a fifty day moving average price of $27.98 and a 200-day moving average price of $28.13.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be issued a $0.2488 dividend. The ex-dividend date is Wednesday, March 26th.

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.