Lynch & Associates IN Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lynch & Associates IN increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 225.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 142,063 shares of the company’s stock after buying an additional 98,381 shares during the quarter. Lynch & Associates IN’s holdings in Schwab US Dividend Equity ETF were worth $3,881,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SCHD. Wulff Hansen & CO. raised its holdings in Schwab US Dividend Equity ETF by 8,405.3% during the second quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock valued at $113,175,000 after acquiring an additional 1,438,322 shares during the period. Burkett Financial Services LLC grew its holdings in Schwab US Dividend Equity ETF by 201.1% during the 4th quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock valued at $42,131,000 after buying an additional 1,030,031 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 209.1% in the third quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock worth $77,141,000 after buying an additional 617,308 shares in the last quarter. Allied Investment Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 18,100.5% in the third quarter. Allied Investment Advisors LLC now owns 477,398 shares of the company’s stock worth $40,354,000 after buying an additional 474,775 shares in the last quarter. Finally, Waller Financial Planning Group Inc. grew its stake in Schwab US Dividend Equity ETF by 202.0% during the fourth quarter. Waller Financial Planning Group Inc. now owns 678,808 shares of the company’s stock valued at $18,545,000 after acquiring an additional 454,012 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.1 %

NYSEARCA SCHD traded down $0.31 during trading on Friday, hitting $27.01. 21,969,427 shares of the stock traded hands, compared to its average volume of 17,223,566. The company has a market capitalization of $18.95 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month high of $29.72. The firm has a 50-day simple moving average of $28.31 and a 200-day simple moving average of $27.74.

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.