Ellenbecker Investment Group Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ellenbecker Investment Group grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 225.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,804 shares of the company’s stock after buying an additional 89,222 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.6% of Ellenbecker Investment Group’s investment portfolio, making the stock its 19th largest position. Ellenbecker Investment Group’s holdings in Schwab US Dividend Equity ETF were worth $3,519,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Central Pacific Bank Trust Division lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Barrett & Company Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Finally, Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $38,000.

Schwab US Dividend Equity ETF Stock Up 1.1 %

NYSEARCA:SCHD opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72. The stock’s fifty day moving average is $28.27 and its two-hundred day moving average is $27.78. The stock has a market capitalization of $19.15 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.