PPS&V Asset Management Consultants Inc. Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

PPS&V Asset Management Consultants Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 268,819 shares of the company’s stock after acquiring an additional 180,927 shares during the quarter. Schwab US Dividend Equity ETF makes up about 5.0% of PPS&V Asset Management Consultants Inc.’s investment portfolio, making the stock its 7th largest holding. PPS&V Asset Management Consultants Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,344,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHD. LPL Financial LLC boosted its position in 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 worth $974,748,000 after purchasing an additional 350,872 shares during the period. Keystone Financial Planning Inc. lifted its stake in shares of 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 buying an additional 3,506,729 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after buying an additional 297,674 shares during the period. Orgel Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 1.7% in the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after buying an additional 70,852 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after acquiring an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.1 %

SCHD stock traded up $0.31 during mid-day trading on Monday, hitting $27.32. 16,749,881 shares of the company were exchanged, compared to its average volume of 17,072,270. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72. The business has a 50 day simple moving average of $28.29 and a 200-day simple moving average of $27.77. The stock has a market capitalization of $19.16 billion, a PE 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.