Empower Advisory Group LLC Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Empower Advisory Group LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 181.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,322 shares of the company’s stock after purchasing an additional 36,973 shares during the period. Empower Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,566,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SCHD. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000. Finally, Phillips Financial Management LLC grew its stake in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.99 on Wednesday. The stock has a market capitalization of $68.58 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company has a 50 day moving average price of $27.70 and a two-hundred day moving average price of $28.01.

About Schwab US Dividend Equity ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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