Sigma Planning Corp Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sigma Planning Corp lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 907,541 shares of the company’s stock after buying an additional 610,938 shares during the period. Schwab US Dividend Equity ETF accounts for 0.8% of Sigma Planning Corp’s portfolio, making the stock its 16th biggest position. Sigma Planning Corp’s holdings in Schwab US Dividend Equity ETF were worth $24,794,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. O ROURKE & COMPANY Inc lifted 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 acquiring an additional 366 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $31,000. Galvin Gaustad & Stein LLC grew its position in Schwab US Dividend Equity ETF by 2.1% during the third quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock valued at $1,520,000 after acquiring an additional 377 shares during the period. Phillips Financial Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after buying an additional 391 shares during the period. Finally, Carmichael Hill & Associates Inc. raised its stake in Schwab US Dividend Equity ETF by 1.9% during the third quarter. Carmichael Hill & Associates Inc. now owns 21,086 shares of the company’s stock valued at $1,782,000 after buying an additional 394 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The stock has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock’s 50 day moving average price is $27.69 and its 200 day moving average price is $28.02.

About Schwab US Dividend Equity ETF

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.