Kelleher Financial Advisors Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kelleher Financial Advisors lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,040 shares of the company’s stock after buying an additional 13,360 shares during the quarter. Kelleher Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $547,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. LPL Financial LLC raised its holdings in Schwab US Dividend Equity ETF by 3.1% in the 3rd 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 during the period. Orgel Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 159.8% in 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 period. Keystone Financial Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the period. Commonwealth Equity Services LLC raised its holdings in Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after purchasing an additional 101,637 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.1 %

NYSEARCA SCHD opened at $27.92 on Thursday. The stock has a 50-day moving average of $28.15 and a 200 day moving average of $27.87. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The stock has a market capitalization of $19.59 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.