Hunter Associates Investment Management LLC Has $19.13 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hunter Associates Investment Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 238.2% in the 4th quarter, HoldingsChannel reports. The firm owned 700,714 shares of the company’s stock after buying an additional 493,551 shares during the period. Schwab US Dividend Equity ETF makes up approximately 2.9% of Hunter Associates Investment Management LLC’s holdings, making the stock its 5th largest holding. Hunter Associates Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,130,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Sumitomo Life Insurance Co. lifted its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. Orgel Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. increased its position in Schwab US Dividend Equity ETF by 188.6% during the fourth 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 during the period. LVW Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 203.4% in the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after purchasing an additional 2,412,003 shares during the period. Finally, Fifth Third Bancorp grew its position in Schwab US Dividend Equity ETF by 192.7% during the fourth quarter. Fifth Third Bancorp now owns 3,038,718 shares of the company’s stock worth $83,018,000 after buying an additional 2,000,527 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

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