Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 235.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,199 shares of the company’s stock after acquiring an additional 10,669 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $415,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advisors Management Group Inc. ADV lifted its holdings in shares of Schwab US Dividend Equity ETF by 241.2% during the fourth quarter. Advisors Management Group Inc. ADV now owns 108,572 shares of the company’s stock worth $2,966,000 after purchasing an additional 76,755 shares during the period. Silvia Mccoll Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 201.3% during the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 699,122 shares of the company’s stock worth $19,100,000 after purchasing an additional 467,112 shares during the period. Wolff Wiese Magana LLC raised its stake in shares of Schwab US Dividend Equity ETF by 205.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 9,736 shares of the company’s stock worth $266,000 after buying an additional 6,544 shares in the last quarter. Smith Anglin Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 195.6% in the 4th quarter. Smith Anglin Financial LLC now owns 115,861 shares of the company’s stock valued at $3,165,000 after buying an additional 76,672 shares during the period. Finally, Nabity Jensen Investment Management Inc lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.3% in the 4th quarter. Nabity Jensen Investment Management Inc now owns 145,509 shares of the company’s stock valued at $3,975,000 after buying an additional 97,056 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.82 on Thursday. The business’s fifty day moving average price is $28.23 and its 200 day moving average price is $27.79. The firm has a market capitalization of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72.

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.