HB Wealth Management LLC Boosts Stake in Schwab US Dividend Equity ETF $SCHD

HB Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,643,156 shares of the company’s stock after purchasing an additional 63,788 shares during the quarter. HB Wealth Management LLC owned approximately 0.06% of Schwab US Dividend Equity ETF worth $50,412,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Mountain Hill Investment Partners Corp. increased its position in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $25,000. Field & Main Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Dynamic Wealth Strategies LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Finally, Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $32.39 on Friday. The firm has a 50 day moving average of $32.06 and a 200 day moving average of $30.72. The firm has a market capitalization of $97.46 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92.

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.