Hilton Head Capital Partners LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Hilton Head Capital Partners LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, HoldingsChannel reports. The fund purchased 121,376 shares of the company’s stock, valued at approximately $3,329,000. Schwab US Dividend Equity ETF makes up about 1.9% of Hilton Head Capital Partners LLC’s holdings, making the stock its 7th largest holding.

A number of other institutional investors have also modified their holdings of the company. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $847,665,000. Avantax Planning Partners Inc. boosted its stake in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after acquiring an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares during the last quarter. Cibc World Market Inc. grew its holdings in Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter. Finally, MML Investors Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.2% during the second quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock worth $160,554,000 after purchasing an additional 185,649 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.30 on Monday. Schwab US Dividend Equity ETF has a 12 month low of $26.16 and a 12 month high of $32.91. The stock has a fifty day moving average price of $31.49 and a 200-day moving average price of $30.07. The firm has a market cap of $91.69 billion, a PE ratio of 14.57 and a beta of 0.67.

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.