Schwab US Dividend Equity ETF $SCHD is Stonehearth Capital Management LLC’s 4th Largest Position

Stonehearth Capital Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 646,819 shares of the company’s stock after purchasing an additional 30,403 shares during the period. Schwab US Dividend Equity ETF comprises about 6.6% of Stonehearth Capital Management LLC’s portfolio, making the stock its 4th biggest position. Stonehearth Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,742,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Rakuten Investment Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $1,127,144,000. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $847,665,000. Cibc World Market Inc. increased its stake in Schwab US Dividend Equity ETF by 243.5% during the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock worth $145,471,000 after buying an additional 3,777,339 shares during the period. Osaic Holdings Inc. lifted its holdings in Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares in the last quarter. Finally, Lido Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $32,308,000.

Schwab US Dividend Equity ETF Stock Up 0.3%

Shares of SCHD stock opened at $30.62 on Friday. The firm has a 50 day moving average of $30.71 and a two-hundred day moving average of $28.52. The stock has a market capitalization of $80.54 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95.

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.