Hengehold Capital Management LLC Buys 523,200 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hengehold Capital Management LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 790,289 shares of the company’s stock after buying an additional 523,200 shares during the period. Schwab US Dividend Equity ETF accounts for 2.0% of Hengehold Capital Management LLC’s portfolio, making the stock its 11th biggest holding. Hengehold Capital Management LLC owned 0.11% of Schwab US Dividend Equity ETF worth $21,591,000 as of its most recent filing with the Securities & Exchange Commission.

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

Schwab US Dividend Equity ETF Stock Up 0.6 %

NYSEARCA SCHD opened at $28.09 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The business has a 50-day moving average price of $28.13 and a 200-day moving average price of $27.87. The firm has a market cap of $19.71 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.