1,460,303 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Acquired by Heck Capital Advisors LLC

Heck Capital Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, Holdings Channel reports. The firm bought 1,460,303 shares of the company’s stock, valued at approximately $39,895,000. Schwab US Dividend Equity ETF comprises approximately 2.7% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other institutional investors also recently added to or reduced their stakes in the business. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $31,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Barrett & Company Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000. Finally, Quent Capital LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 86.6% in the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after acquiring an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.83 on Friday. The stock has a market cap of $19.52 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock’s 50 day moving average price is $28.05 and its 200 day moving average price is $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.