BLB&B Advisors LLC Buys 62,333 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

BLB&B Advisors LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 182.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 96,589 shares of the company’s stock after buying an additional 62,333 shares during the quarter. BLB&B Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,639,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Colorado Capital Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after acquiring an additional 121 shares during the period. Sunflower Bank N.A. raised its stake in Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after buying an additional 185 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 12.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after buying an additional 191 shares during the period. San Luis Wealth Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 2.0% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 12,781 shares of the company’s stock worth $1,080,000 after buying an additional 247 shares during the last quarter. Finally, Johnson Bixby & Associates LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 7.4% in the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock worth $359,000 after acquiring an additional 294 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.56 on Friday. The company has a market cap of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business’s 50-day moving average is $27.89 and its two-hundred day moving average is $27.97. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.