Signet Investment Advisory Group Inc. Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Signet Investment Advisory Group Inc. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 203.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,951 shares of the company’s stock after buying an additional 35,529 shares during the quarter. Signet Investment Advisory Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Sumitomo Life Insurance Co. lifted its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after buying an additional 350,872 shares during the period. Orgel Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 159.8% in the 4th 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 during the last quarter. Keystone Financial Planning Inc. grew its position in Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after acquiring an additional 3,506,729 shares during the last quarter. Finally, HHM Wealth Advisors LLC increased 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 worth $133,119,000 after purchasing an additional 3,286,917 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The company has a market capitalization of $19.55 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock has a 50 day moving average price of $27.81 and a two-hundred day moving average price of $27.99.

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.