Mountain Hill Investment Partners Corp. Takes $29,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Mountain Hill Investment Partners Corp. bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,048 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 214.9% in the 4th quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock valued at $992,120,000 after buying an additional 24,783,386 shares during the period. Sumitomo Life Insurance Co. lifted its holdings 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 acquiring an additional 17,880,000 shares during the period. Avantax Advisory Services Inc. lifted its holdings in Schwab US Dividend Equity ETF by 205.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after acquiring an additional 17,501,170 shares during the period. Raymond James Financial Inc. purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $592,939,000. Finally, Wealthspire Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after purchasing an additional 10,024,156 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.76 on Monday. The firm has a fifty day moving average price of $27.95 and a 200 day moving average price of $28.13. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The stock has a market cap of $68.84 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.