Schwab US Dividend Equity ETF $SCHD Shares Purchased by DMKC Advisory Services LLC

DMKC Advisory Services LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 37.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 302,599 shares of the company’s stock after acquiring an additional 82,919 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 3.6% of DMKC Advisory Services LLC’s investment portfolio, making the stock its 4th largest position. DMKC Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,300,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. increased its position in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares in the last quarter. Biltmore Family Office LLC boosted its position in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares in the last quarter. Field & Main Bank acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $33,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $35,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $31.31 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $25.41 and a 52-week high of $31.95. The company has a market capitalization of $88.63 billion, a PE ratio of 14.57 and a beta of 0.70. The company has a fifty day moving average of $30.98 and a 200-day moving average of $29.11.

About Schwab US Dividend Equity ETF

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.