Evanson Asset Management LLC Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Evanson Asset Management LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 286.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,715 shares of the company’s stock after buying an additional 42,049 shares during the quarter. Evanson Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,549,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Orgel Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 159.8% in the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the last quarter. Ameritas Advisory Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 217.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 2,173,729 shares of the company’s stock worth $59,386,000 after buying an additional 1,488,281 shares in the last quarter. Howard Financial Services LTD. grew its holdings in shares of Schwab US Dividend Equity ETF by 207.6% during the fourth quarter. Howard Financial Services LTD. now owns 2,021,759 shares of the company’s stock valued at $55,234,000 after buying an additional 1,364,511 shares during the last quarter. Finally, Marquette Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.7% during the fourth quarter. Marquette Asset Management LLC now owns 2,017,395 shares of the company’s stock valued at $55,115,000 after acquiring an additional 1,346,461 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.6 %

SCHD stock opened at $27.99 on Monday. The stock’s 50 day simple moving average is $28.19 and its 200 day simple moving average is $27.84. Schwab US Dividend Equity ETF has a 12-month low of $25.03 and a 12-month high of $29.72. The stock has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74.

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.