Glassy Mountain Advisors Inc. Has $3.02 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Glassy Mountain Advisors Inc. increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 227.7% during the 4th quarter, HoldingsChannel reports. The fund owned 110,704 shares of the company’s stock after purchasing an additional 76,927 shares during the quarter. Glassy Mountain Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,024,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. AQR Capital Management LLC acquired a new position in Schwab US Dividend Equity ETF in the second quarter valued at about $879,000. GAMMA Investing LLC lifted its stake in Schwab US Dividend Equity ETF by 56.8% in the third quarter. GAMMA Investing LLC now owns 3,251 shares of the company’s stock valued at $275,000 after buying an additional 1,178 shares during the period. Alpha Financial Partners LLC acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $1,283,000. Brookstone Capital Management lifted its stake in Schwab US Dividend Equity ETF by 21.0% in the third quarter. Brookstone Capital Management now owns 130,241 shares of the company’s stock valued at $11,009,000 after buying an additional 22,560 shares during the period. Finally, Daymark Wealth Partners LLC acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $386,000.

Schwab US Dividend Equity ETF Trading Down 0.7 %

NYSEARCA:SCHD opened at $27.75 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The business’s 50-day moving average price is $27.92 and its two-hundred day moving average price is $27.97. The firm has a market capitalization of $19.47 billion, a price-to-earnings 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.