Hengehold Capital Management LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Hengehold Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 670,820 shares of the company’s stock, valued at approximately $21,822,000. Schwab US Dividend Equity ETF accounts for about 1.7% of Hengehold Capital Management LLC’s portfolio, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Eagle Strategies LLC boosted its position in Schwab US Dividend Equity ETF by 1.5% in the third quarter. Eagle Strategies LLC now owns 223,164 shares of the company’s stock valued at $7,260,000 after buying an additional 3,311 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $220,000. Sard Wealth Management Group LLC increased its holdings in Schwab US Dividend Equity ETF by 0.9% in the 3rd quarter. Sard Wealth Management Group LLC now owns 479,959 shares of the company’s stock worth $15,613,000 after buying an additional 4,235 shares during the period. TD Waterhouse Canada Inc. raised its position in Schwab US Dividend Equity ETF by 268.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 49,906 shares of the company’s stock worth $1,630,000 after buying an additional 36,379 shares during the last quarter. Finally, WealthBridge Capital Management LLC raised its position in Schwab US Dividend Equity ETF by 9.6% during the 3rd quarter. WealthBridge Capital Management LLC now owns 50,567 shares of the company’s stock worth $1,645,000 after buying an additional 4,412 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD traded up $0.25 during trading on Friday, reaching $34.35. 25,135,255 shares of the company’s stock were exchanged, compared to its average volume of 22,467,555. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31. The company’s fifty day simple moving average is $34.01 and its 200-day simple moving average is $32.75. The stock has a market capitalization of $114.95 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.