Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,081 shares of the company’s stock after purchasing an additional 28,256 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,934,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $228,390,000. International Assets Investment Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $89,561,000. LPL Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after purchasing an additional 503,970 shares in the last quarter. DDD Partners LLC increased its stake in Schwab US Dividend Equity ETF by 12,161.9% in the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after purchasing an additional 484,167 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 34.1% during the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after purchasing an additional 476,951 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD traded up $0.70 during trading on Friday, hitting $77.97. 2,613,230 shares of the company were exchanged, compared to its average volume of 3,569,934. The firm’s 50 day moving average price is $78.31 and its 200-day moving average price is $75.45. The stock has a market capitalization of $54.54 billion, a P/E ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82.

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.