LVM Capital Management Ltd. MI Acquires 83,043 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

LVM Capital Management Ltd. MI lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,036 shares of the company’s stock after acquiring an additional 83,043 shares during the quarter. LVM Capital Management Ltd. MI’s holdings in Schwab US Dividend Equity ETF were worth $3,361,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Ridgewood Investments LLC boosted its position in Schwab US Dividend Equity ETF by 200.7% during the 4th quarter. Ridgewood Investments LLC now owns 6,090 shares of the company’s stock valued at $166,000 after acquiring an additional 4,065 shares in the last quarter. Hilltop National Bank boosted its position in shares of Schwab US Dividend Equity ETF by 203.8% during the fourth quarter. Hilltop National Bank now owns 44,434 shares of the company’s stock valued at $1,214,000 after purchasing an additional 29,808 shares in the last quarter. ST Germain D J Co. Inc. grew its stake in Schwab US Dividend Equity ETF by 84.0% in the fourth quarter. ST Germain D J Co. Inc. now owns 15,147 shares of the company’s stock worth $414,000 after purchasing an additional 6,913 shares during the period. ORG Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 199.4% in the fourth quarter. ORG Partners LLC now owns 270,934 shares of the company’s stock worth $7,402,000 after purchasing an additional 180,446 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 164.7% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 39,852 shares of the company’s stock valued at $1,089,000 after buying an additional 24,799 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD traded down $0.26 during mid-day trading on Friday, hitting $27.06. 14,848,961 shares of the company’s stock were exchanged, compared to its average volume of 15,926,090. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The business has a fifty day moving average price of $28.31 and a 200 day moving average price of $27.74. The company has a market cap of $18.98 billion, a PE 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.