Cape Investment Advisory Inc. Purchases 3,982 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cape Investment Advisory Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,236 shares of the company’s stock after acquiring an additional 3,982 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.4% of Cape Investment Advisory Inc.’s portfolio, making the stock its 12th largest position. Cape Investment Advisory Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,835,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares during the period. Charles Schwab Investment Advisory Inc. grew its position in Schwab US Dividend Equity ETF by 0.5% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock worth $737,004,000 after purchasing an additional 45,013 shares during the period. Avantax Advisory Services Inc. grew its position in Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after purchasing an additional 266,516 shares during the period. Envestnet Asset Management Inc. grew its position in Schwab US Dividend Equity ETF by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after purchasing an additional 145,168 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after purchasing an additional 95,086 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.2 %

NYSEARCA:SCHD traded up $0.12 during trading hours on Friday, reaching $78.10. The company had a trading volume of 2,391,655 shares, compared to its average volume of 3,422,266. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The firm has a market cap of $54.79 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average price is $78.55 and its 200-day moving average price is $76.52.

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.