24,217 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Acquired by FSA Investment Group LLC

FSA Investment Group LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 24,217 shares of the company’s stock, valued at approximately $666,000. Schwab US Dividend Equity ETF makes up about 0.6% of FSA Investment Group LLC’s holdings, making the stock its 12th biggest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Sumitomo Life Insurance Co. increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after acquiring an additional 17,880,000 shares during the period. LPL Financial LLC lifted its stake in 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 acquiring an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. boosted its position 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 acquiring an additional 3,506,729 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of SCHD opened at $27.98 on Friday. The company has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The stock has a 50 day moving average price of $28.07 and a 200 day moving average price of $27.94.

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.