Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Ballast Inc.

Ballast Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,415 shares of the company’s stock after buying an additional 9,603 shares during the quarter. Ballast Inc.’s holdings in Schwab US Dividend Equity ETF were worth $394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. LPL Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the period. 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 period. Commonwealth Equity Services LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after purchasing an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.6 %

NYSEARCA SCHD opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $25.03 and a 52 week high of $29.72. The company’s fifty day simple moving average is $28.19 and its 200-day simple moving average is $27.82. The stock has a market cap of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.