Ancora Advisors LLC Has $902,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ancora Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 259.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,001 shares of the company’s stock after buying an additional 23,811 shares during the quarter. Ancora Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $902,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Central Pacific Bank Trust Division increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $26,000. Ritter Daniher Financial Advisory LLC DE increased its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares in the last quarter. PFG Private Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC lifted its stake in Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.0 %

Shares of SCHD stock opened at $25.80 on Tuesday. The company has a market capitalization of $66.56 billion, a price-to-earnings ratio of 15.04 and a beta of 0.83. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The firm has a fifty day moving average of $26.71 and a 200-day moving average of $27.65.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.