1,460,303 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Bought by Heck Capital Advisors LLC

Heck Capital Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,460,303 shares of the company’s stock, valued at approximately $39,895,000. Schwab US Dividend Equity ETF comprises about 2.7% of Heck Capital Advisors LLC’s portfolio, making the stock its 7th biggest holding. Heck Capital Advisors LLC owned approximately 0.21% of Schwab US Dividend Equity ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SCHD. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Barrett & Company Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $38,000. Finally, Quent Capital LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 86.6% in the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after buying an additional 240 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.5 %

SCHD opened at $27.83 on Friday. The company’s 50-day moving average price is $28.05 and its 200 day moving average price is $27.94. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The firm has a market cap of $19.52 billion, a price-to-earnings 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.