Baker Ellis Asset Management LLC Acquires 267,729 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Baker Ellis Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 402,972 shares of the company’s stock after acquiring an additional 267,729 shares during the period. Schwab US Dividend Equity ETF comprises 1.6% of Baker Ellis Asset Management LLC’s holdings, making the stock its 15th biggest holding. Baker Ellis Asset Management LLC owned approximately 0.06% of Schwab US Dividend Equity ETF worth $11,009,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Colorado Capital Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after purchasing an additional 121 shares in the last quarter. Brick & Kyle Associates boosted its stake in shares of Schwab US Dividend Equity ETF by 2.9% during the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after purchasing an additional 130 shares in the last quarter. Ascent Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 1.2% during the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after purchasing an additional 145 shares in the last quarter. Sunflower Bank N.A. boosted its stake in shares of Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after purchasing an additional 185 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after purchasing an additional 191 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1 %

Shares of SCHD stock opened at $27.92 on Thursday. The business’s 50-day moving average price is $28.15 and its 200-day moving average price is $27.87. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The firm has a market capitalization of $19.59 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.