Hazlett Burt & Watson Inc. Has $4.25 Million Stake in Schwab US Dividend Equity ETF $SCHD

Hazlett Burt & Watson Inc. decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 57.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 155,749 shares of the company’s stock after selling 207,354 shares during the period. Schwab US Dividend Equity ETF makes up about 1.5% of Hazlett Burt & Watson Inc.’s portfolio, making the stock its 7th biggest position. Hazlett Burt & Watson Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,249,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Biltmore Family Office LLC grew its position in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the last quarter. PrairieView Partners LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $39,000. Independence Bank of Kentucky acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $41,000. Finally, True Wealth Design LLC lifted its stake in Schwab US Dividend Equity ETF by 42.9% in the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after purchasing an additional 450 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $29.82 on Friday. The firm’s fifty day moving average price is $28.07 and its two-hundred day moving average price is $27.48. The stock has a market cap of $78.30 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.82.

About Schwab US Dividend Equity ETF

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.