Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Increased by Advance Capital Management Inc.

Advance Capital Management Inc. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 257.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 39,607 shares of the company’s stock after buying an additional 28,533 shares during the period. Advance Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,082,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Financial Gravity Asset Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $25,000. Central Pacific Bank Trust Division grew its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Kennebec Savings Bank acquired a new stake in Schwab US Dividend Equity ETF in the third quarter worth $31,000. Barrett & Company Inc. bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $34,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $34,000.

Schwab US Dividend Equity ETF Trading Down 0.6 %

NYSEARCA:SCHD traded down $0.17 during mid-day trading on Monday, hitting $27.27. The stock had a trading volume of 19,260,866 shares, compared to its average volume of 15,242,932. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72. The stock has a market capitalization of $19.13 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day simple moving average of $28.38 and a 200-day simple moving average of $27.73.

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.