Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Hazlett Burt & Watson Inc.’s 3rd Largest Position

Hazlett Burt & Watson Inc. increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 376,106 shares of the company’s stock after buying an additional 251,095 shares during the quarter. Schwab US Dividend Equity ETF comprises 4.6% of Hazlett Burt & Watson Inc.’s holdings, making the stock its 3rd largest position. Hazlett Burt & Watson Inc. owned 0.05% of Schwab US Dividend Equity ETF worth $10,280,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Legacy Investment Solutions LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $34,000. Hobbs Group Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $68,000. Central Pacific Bank Trust Division lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $26,000. Finally, PFG Private Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.58 on Monday. The stock has a market capitalization of $69.50 billion, a P/E ratio of 17.12 and a beta of 0.86. The firm’s 50-day moving average is $27.97 and its two-hundred day moving average is $28.14. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be given a dividend of $0.2488 per share. The ex-dividend date is Wednesday, March 26th.

Schwab US Dividend Equity ETF 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.