Agate Pass Investment Management LLC Purchases 48,528 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Agate Pass Investment Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 73,255 shares of the company’s stock after acquiring an additional 48,528 shares during the period. Agate Pass Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,001,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Colorado Capital Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after buying an additional 121 shares during the last quarter. Brick & Kyle Associates lifted its position in Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after acquiring an additional 130 shares in the last quarter. Ascent Group LLC boosted its stake in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after purchasing an additional 145 shares during the last quarter. Sunflower Bank N.A. increased its holdings in shares of Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares in the last quarter. Finally, Sound Income Strategies LLC raised its stake in shares of Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after purchasing an additional 191 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD traded up $0.15 during midday trading on Monday, reaching $27.16. 11,471,123 shares of the company’s stock traded hands, compared to its average volume of 16,382,377. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The stock has a 50 day moving average of $28.29 and a 200 day moving average of $27.77. The company has a market cap of $19.05 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.