Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Allen Capital Group LLC

Allen Capital Group LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 94,869 shares of the company’s stock after purchasing an additional 63,752 shares during the quarter. Allen Capital Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,592,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Valicenti Advisory Services Inc. raised its position in shares of Schwab US Dividend Equity ETF by 300.6% during the 4th quarter. Valicenti Advisory Services Inc. now owns 27,703 shares of the company’s stock valued at $757,000 after buying an additional 20,788 shares during the period. Strategic Blueprint LLC lifted its position in shares of Schwab US Dividend Equity ETF by 198.2% during the fourth quarter. Strategic Blueprint LLC now owns 483,291 shares of the company’s stock worth $13,204,000 after purchasing an additional 321,223 shares in the last quarter. Iams Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 421.1% in the fourth quarter. Iams Wealth Management LLC now owns 31,790 shares of the company’s stock valued at $869,000 after purchasing an additional 25,689 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 229.1% in the 4th quarter. Hantz Financial Services Inc. now owns 3,294 shares of the company’s stock valued at $90,000 after acquiring an additional 2,293 shares during the last quarter. Finally, Wade Financial Advisory Inc acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $337,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.15 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The stock has a 50-day simple moving average of $28.08 and a 200-day simple moving average of $27.94. The company has a market capitalization of $19.75 billion, a P/E 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.