Builder Investment Group Inc. ADV Increases Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Builder Investment Group Inc. ADV increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,028 shares of the company’s stock after acquiring an additional 17,363 shares during the period. Builder Investment Group Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $711,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHD. LPL Financial LLC raised its holdings in Schwab US Dividend Equity ETF by 3.1% during 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 during the period. Keystone Financial Planning Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. Commonwealth Equity Services LLC lifted 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 worth $361,948,000 after acquiring an additional 297,674 shares during the last quarter. Orgel Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after purchasing an additional 70,852 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Schwab US Dividend Equity ETF by 2.9% during 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 during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.82 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The firm has a 50-day simple moving average of $28.23 and a two-hundred day simple moving average of $27.79. The company has a market cap of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74.

About Schwab US Dividend Equity ETF

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.