Gladstone Institutional Advisory LLC Acquires 4,457 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Gladstone Institutional Advisory LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,982 shares of the company’s stock after purchasing an additional 4,457 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,054,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. AMG National Trust Bank lifted its stake in Schwab US Dividend Equity ETF by 0.3% during the 4th quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock valued at $3,639,000 after acquiring an additional 130 shares during the period. Bogart Wealth LLC increased its holdings in Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock worth $364,000 after acquiring an additional 135 shares in the last quarter. Grey Street Capital LLC increased its holdings in Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock worth $1,035,000 after acquiring an additional 136 shares in the last quarter. Zullo Investment Group Inc. increased its holdings in Schwab US Dividend Equity ETF by 0.5% in the 4th quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock worth $2,437,000 after acquiring an additional 144 shares in the last quarter. Finally, StrategIQ Financial Group LLC increased its holdings in Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock worth $1,078,000 after acquiring an additional 145 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Schwab US Dividend Equity ETF stock opened at $79.69 on Tuesday. The firm has a 50 day moving average of $78.57 and a 200 day moving average of $76.32. The firm has a market capitalization of $55.90 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82.

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.