Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Stonehearth Capital Management LLC

Stonehearth Capital Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 610,355 shares of the company’s stock after acquiring an additional 412,792 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 6.7% of Stonehearth Capital Management LLC’s holdings, making the stock its 4th largest position. Stonehearth Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,675,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SCHD. FC Advisory LLC boosted its position in Schwab US Dividend Equity ETF by 202.3% during the 4th quarter. FC Advisory LLC now owns 20,192 shares of the company’s stock worth $552,000 after acquiring an additional 13,513 shares during the period. Diversified Trust Co boosted its stake in shares of Schwab US Dividend Equity ETF by 193.9% during the 4th quarter. Diversified Trust Co now owns 53,949 shares of the company’s stock valued at $1,474,000 after buying an additional 35,590 shares during the period. Bank of New Hampshire grew its holdings in shares of Schwab US Dividend Equity ETF by 201.1% during the 4th quarter. Bank of New Hampshire now owns 27,280 shares of the company’s stock valued at $745,000 after acquiring an additional 18,220 shares in the last quarter. Bangor Savings Bank increased its stake in shares of Schwab US Dividend Equity ETF by 184.3% in the fourth quarter. Bangor Savings Bank now owns 86,964 shares of the company’s stock worth $2,376,000 after acquiring an additional 56,380 shares during the last quarter. Finally, Advance Capital Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 257.7% during the fourth quarter. Advance Capital Management Inc. now owns 39,607 shares of the company’s stock worth $1,082,000 after acquiring an additional 28,533 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD traded up $0.08 during trading on Tuesday, reaching $27.35. 8,071,209 shares of the stock traded hands, compared to its average volume of 14,673,462. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The stock’s 50-day simple moving average is $28.36 and its two-hundred day simple moving average is $27.74. The stock has a market cap of $19.19 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.