Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Sage Financial Management Group Inc.

Sage Financial Management Group Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 223.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 278,080 shares of the company’s stock after purchasing an additional 192,071 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.8% of Sage Financial Management Group Inc.’s portfolio, making the stock its 12th biggest position. Sage Financial Management Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,597,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th 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 in the last quarter. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $26,000. IFS Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after acquiring an additional 699 shares during the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at $31,000. Finally, Olistico Wealth LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $28.01 on Thursday. The stock has a market capitalization of $19.65 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The business’s 50-day simple moving average is $28.08 and its 200-day simple moving average is $27.94.

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.