Enclave Advisors LLC Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Enclave Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 190.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 94,769 shares of the company’s stock after acquiring an additional 62,168 shares during the quarter. Enclave Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,589,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the period. Orgel Wealth Management LLC grew its holdings 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 valued at $302,220,000 after buying an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after acquiring an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.22 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The firm has a 50 day moving average price of $28.16 and a 200 day moving average price of $27.85. The company has a market cap of $19.80 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.