Investment Advisory Services Inc. TX ADV Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Investment Advisory Services Inc. TX ADV boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 491,892 shares of the company’s stock after purchasing an additional 331,646 shares during the quarter. Schwab US Dividend Equity ETF comprises about 4.7% of Investment Advisory Services Inc. TX ADV’s investment portfolio, making the stock its 5th largest holding. Investment Advisory Services Inc. TX ADV owned about 0.07% of Schwab US Dividend Equity ETF worth $13,438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Sunflower Bank N.A. boosted its stake in Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after acquiring an additional 185 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after purchasing an additional 191 shares in the last quarter. Johnson Bixby & Associates LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 7.4% in the 3rd quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock valued at $359,000 after buying an additional 294 shares during the period. Argus Investors Counsel Inc. increased its position in shares of Schwab US Dividend Equity ETF by 8.0% in the 3rd quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock valued at $403,000 after buying an additional 355 shares in the last quarter. Finally, O ROURKE & COMPANY Inc raised its stake in Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after buying an additional 366 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.7 %

NYSEARCA:SCHD opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The stock has a 50-day moving average price of $27.85 and a two-hundred day moving average price of $27.97. The stock has a market cap of $19.33 billion, a price-to-earnings 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.