Outfitter Financial LLC Buys 37,505 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Outfitter Financial LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 55,475 shares of the company’s stock after buying an additional 37,505 shares during the quarter. Outfitter Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,516,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. boosted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares during the last quarter. LPL Financial LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after purchasing an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after purchasing an additional 6,804,908 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 210.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock valued at $157,252,000 after buying an additional 3,900,238 shares in the last quarter. Finally, Keystone Financial Planning Inc. boosted its position in Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after acquiring an additional 3,506,729 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5 %

SCHD stock opened at $28.32 on Friday. The business has a fifty day moving average of $27.69 and a two-hundred day moving average of $28.02. The stock has a market cap of $69.38 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.