Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 214.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,228 shares of the company’s stock after purchasing an additional 9,018 shares during the quarter. Hutchens & Kramer Investment Management Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $361,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Orgel Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. raised its stake in 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 worth $146,589,000 after acquiring an additional 3,506,729 shares in the last quarter. LVW Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 203.4% during the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock worth $98,287,000 after acquiring an additional 2,412,003 shares in the last quarter. Fifth Third Bancorp raised its stake in Schwab US Dividend Equity ETF by 192.7% during the 4th quarter. Fifth Third Bancorp now owns 3,038,718 shares of the company’s stock worth $83,018,000 after acquiring an additional 2,000,527 shares in the last quarter. Finally, Ameritas Advisory Services LLC raised its stake in Schwab US Dividend Equity ETF by 217.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 2,173,729 shares of the company’s stock worth $59,386,000 after acquiring an additional 1,488,281 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $28.45 on Tuesday. The company’s fifty day moving average price is $28.10 and its 200 day moving average price is $27.92. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The firm has a market capitalization of $19.96 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.