Murphy Middleton Hinkle & Parker Inc. Buys 30,518 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Murphy Middleton Hinkle & Parker Inc. boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,038 shares of the company’s stock after purchasing an additional 30,518 shares during the quarter. Murphy Middleton Hinkle & Parker Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,230,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after buying an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC raised its position in 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 valued at $302,220,000 after purchasing an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. raised 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 valued at $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after purchasing an additional 101,637 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $25.03 and a 52 week high of $29.72. The stock has a market capitalization of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock has a fifty day moving average of $28.19 and a 200-day moving average of $27.82.

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.