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

Empower Advisory Group LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 181.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 57,322 shares of the company’s stock after purchasing an additional 36,973 shares during the quarter. Empower Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,566,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Sumitomo Life Insurance Co. lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the period. LPL Financial LLC lifted its position in Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the period. Orgel Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. lifted its position in Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after purchasing an additional 3,286,917 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.99 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The stock has a market cap of $68.58 billion, a PE ratio of 17.48 and a beta of 0.88. The company has a 50-day moving average of $27.70 and a two-hundred day moving average of $28.01.

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.