Dana Investment Advisors Inc. Acquires 7,044 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Dana Investment Advisors Inc. grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 283.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,533 shares of the company’s stock after acquiring an additional 7,044 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $260,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $163,000. Tenon Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after buying an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.4 %

Shares of NYSEARCA SCHD opened at $28.46 on Monday. The stock has a market cap of $69.73 billion, a price-to-earnings ratio of 17.56 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The stock’s 50-day moving average is $27.85 and its 200 day moving average is $28.13.

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.