Capital Management Associates Inc Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Management Associates Inc lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 25,768 shares of the company’s stock after acquiring an additional 17,240 shares during the period. Capital Management Associates Inc’s holdings in Schwab US Dividend Equity ETF were worth $704,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SCHD. Sumitomo Life Insurance Co. increased its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after buying an additional 17,880,000 shares during the period. Orgel Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Strategic Financial Concepts LLC grew its position in Schwab US Dividend Equity ETF by 9,346.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after buying an additional 3,538,664 shares during the period. Keystone Financial Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 207.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after acquiring an additional 3,286,917 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.56 on Friday. The company has a fifty day moving average of $27.89 and a two-hundred day moving average of $27.97. 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 market capitalization of $19.33 billion, a PE 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.