Certified Advisory Corp Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Certified Advisory Corp lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 719,554 shares of the company’s stock after buying an additional 479,720 shares during the period. Schwab US Dividend Equity ETF makes up about 2.1% of Certified Advisory Corp’s portfolio, making the stock its 6th biggest holding. Certified Advisory Corp’s holdings in Schwab US Dividend Equity ETF were worth $19,658,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Keystone Financial Planning Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 188.6% in 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 during the last quarter. Marquette Asset Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.7% in the fourth quarter. Marquette Asset Management LLC now owns 2,017,395 shares of the company’s stock worth $55,115,000 after buying an additional 1,346,461 shares during the period. Burkett Financial Services LLC boosted its holdings in Schwab US Dividend Equity ETF by 201.1% during the 4th quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock valued at $42,131,000 after acquiring an additional 1,030,031 shares during the period. Noble Family Wealth LLC grew its position in Schwab US Dividend Equity ETF by 215.4% in the 4th quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock valued at $32,737,000 after acquiring an additional 821,050 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 232.3% during the fourth quarter. Park Avenue Securities LLC now owns 931,020 shares of the company’s stock valued at $25,435,000 after purchasing an additional 650,852 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.0 %

Shares of NYSEARCA SCHD opened at $27.83 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72. The firm has a market cap of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. The business has a fifty day simple moving average of $28.21 and a two-hundred day simple moving average of $27.79.

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.