Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Cozad Asset Management Inc.

Cozad Asset Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.1% in the fourth quarter, HoldingsChannel reports. The firm owned 560,298 shares of the company’s stock after buying an additional 374,806 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.4% of Cozad Asset Management Inc.’s holdings, making the stock its 11th biggest holding. Cozad Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $15,307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Cassady Schiller Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $38,000. Phillips Financial Management LLC increased its holdings in Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares in the last quarter. Hobbs Group Advisors LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $68,000. Finally, Prospera Private Wealth LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $73,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $27.64 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The company has a fifty day moving average of $27.89 and a two-hundred day moving average of $28.13. The stock has a market capitalization of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.