J.W. Cole Advisors Inc. Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

J.W. Cole Advisors Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 286.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 223,803 shares of the company’s stock after purchasing an additional 165,939 shares during the period. J.W. Cole Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $6,114,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Opes Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 298.9% in the 4th quarter. Opes Wealth Management LLC now owns 82,997 shares of the company’s stock worth $2,267,000 after acquiring an additional 62,191 shares in the last quarter. Valmark Advisers Inc. grew its stake in Schwab US Dividend Equity ETF by 223.1% in the 4th quarter. Valmark Advisers Inc. now owns 2,947,348 shares of the company’s stock worth $80,522,000 after acquiring an additional 2,035,232 shares in the last quarter. MOKAN Wealth Management Inc. bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $3,839,000. Csenge Advisory Group grew its stake in Schwab US Dividend Equity ETF by 2.7% in the 4th quarter. Csenge Advisory Group now owns 229,340 shares of the company’s stock worth $6,266,000 after acquiring an additional 5,940 shares in the last quarter. Finally, Palouse Capital Management Inc. grew its stake in Schwab US Dividend Equity ETF by 140.7% in the 4th quarter. Palouse Capital Management Inc. now owns 3,661 shares of the company’s stock worth $100,000 after acquiring an additional 2,140 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.79 on Friday. The company has a market capitalization of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74. The company’s 50-day simple moving average is $27.72 and its two-hundred day simple moving average is $28.00. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.

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.