HHM Wealth Advisors LLC Buys 138,225 Shares of Schwab US Dividend Equity ETF $SCHD

HHM Wealth Advisors LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% during the 1st quarter, Holdings Channel reports. The firm owned 5,156,506 shares of the company’s stock after acquiring an additional 138,225 shares during the period. Schwab US Dividend Equity ETF makes up 18.2% of HHM Wealth Advisors LLC’s holdings, making the stock its biggest holding. HHM Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $158,202,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $25,000. Field & Main Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $29,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $33,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $32.02 on Wednesday. The company has a market capitalization of $90.90 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The firm’s 50 day simple moving average is $31.88 and its 200 day simple moving average is $30.49. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.92.

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.