Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Duncan Williams Asset Management LLC

Duncan Williams Asset Management LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 226.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 948,172 shares of the company’s stock after purchasing an additional 658,082 shares during the period. Schwab US Dividend Equity ETF comprises approximately 10.2% of Duncan Williams Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. Duncan Williams Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $25,904,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Colorado Capital Management Inc. raised its position in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after purchasing an additional 121 shares during the last quarter. Brick & Kyle Associates boosted its position in Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock worth $354,000 after buying an additional 130 shares during the period. Ascent Group LLC boosted its position in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after buying an additional 145 shares during the period. Sunflower Bank N.A. grew its holdings in Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after acquiring an additional 185 shares during the last quarter. Finally, Sound Income Strategies LLC increased its position in Schwab US Dividend Equity ETF by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after acquiring an additional 191 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.07 on Friday. The stock has a market cap of $19.69 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. The company’s fifty day moving average is $28.10 and its 200 day moving average is $27.90.

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.