Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 235.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,199 shares of the company’s stock after acquiring an additional 10,669 shares during the period. Armstrong Advisory Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $415,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Keystone Financial Planning Inc. grew 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 valued at $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. Marquette Asset Management LLC lifted its stake 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 buying an additional 1,346,461 shares during the period. Burkett Financial Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 201.1% during the 4th quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock worth $42,131,000 after purchasing an additional 1,030,031 shares during the period. Noble Family Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 215.4% during the fourth quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock worth $32,737,000 after buying an additional 821,050 shares during the period. Finally, Park Avenue Securities LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 232.3% during the 4th quarter. Park Avenue Securities LLC now owns 931,020 shares of the company’s stock worth $25,435,000 after acquiring an additional 650,852 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.1 %

Shares of SCHD opened at $27.82 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The firm has a market cap of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s fifty day moving average is $28.23 and its two-hundred day moving average is $27.79.

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.