Sage Investment Advisers LLC Purchases New Holdings in Schwab US Dividend Equity ETF $SCHD

Sage Investment Advisers LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 101,817 shares of the company’s stock, valued at approximately $2,793,000. Schwab US Dividend Equity ETF comprises 2.1% of Sage Investment Advisers LLC’s investment portfolio, making the stock its 15th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sumitomo Life Insurance Co. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $847,665,000. Avantax Planning Partners Inc. boosted its holdings in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after purchasing an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares during the last quarter. MML Investors Services LLC boosted its holdings in Schwab US Dividend Equity ETF by 3.2% in the second quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock valued at $160,554,000 after purchasing an additional 185,649 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 0.6% in the third quarter. HighTower Advisors LLC now owns 5,684,538 shares of the company’s stock valued at $155,188,000 after purchasing an additional 33,472 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.50 on Monday. The company has a market capitalization of $92.26 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a one year low of $25.89 and a one year high of $32.91. The stock has a 50-day moving average price of $31.31 and a 200 day moving average price of $29.89.

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.