Herold Advisors Inc. Takes $254,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Herold Advisors Inc. purchased a new stake 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 purchased 3,335 shares of the company’s stock, valued at approximately $254,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI boosted its holdings in shares of Schwab US Dividend Equity ETF by 78.8% during the 3rd quarter. National Bank of Canada FI now owns 1,427 shares of the company’s stock valued at $100,000 after acquiring an additional 629 shares during the last quarter. Advisory Alpha LLC boosted its holdings in Schwab US Dividend Equity ETF by 16.0% in the third quarter. Advisory Alpha LLC now owns 13,281 shares of the company’s stock worth $940,000 after purchasing an additional 1,831 shares during the last quarter. Powers Advisory Group LLC grew its position in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Powers Advisory Group LLC now owns 161,978 shares of the company’s stock worth $11,462,000 after purchasing an additional 1,816 shares during the period. Intergy Private Wealth LLC raised its stake in Schwab US Dividend Equity ETF by 4.6% during the 3rd quarter. Intergy Private Wealth LLC now owns 264,525 shares of the company’s stock valued at $18,718,000 after buying an additional 11,629 shares during the last quarter. Finally, Aaron Wealth Advisors LLC purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $2,464,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded down $0.09 on Friday, hitting $77.47. 2,393,751 shares of the stock traded hands, compared to its average volume of 3,622,651. The firm has a market cap of $54.19 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The firm has a 50 day simple moving average of $78.31 and a two-hundred day simple moving average of $75.19. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82.

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.