Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is HHM Wealth Advisors LLC’s Largest Position

HHM Wealth Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.3% during the fourth quarter, Holdings Channel reports. The firm owned 4,872,578 shares of the company’s stock after acquiring an additional 3,286,917 shares during the quarter. Schwab US Dividend Equity ETF makes up about 18.1% of HHM Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. HHM Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $133,119,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Sumitomo Life Insurance Co. increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares during the period. Orgel Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after acquiring an additional 3,506,729 shares during the period. LVW Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 203.4% in the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock worth $98,287,000 after acquiring an additional 2,412,003 shares in the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of Schwab US Dividend Equity ETF by 192.7% in the 4th quarter. Fifth Third Bancorp now owns 3,038,718 shares of the company’s stock valued at $83,018,000 after purchasing an additional 2,000,527 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.5 %

Shares of SCHD stock opened at $27.83 on Monday. The business’s fifty day moving average is $28.02 and its 200 day moving average is $27.96. The stock has a market cap of $19.52 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72.

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.