Stonehearth Capital Management LLC Acquires 58,613 Shares of Schwab US Dividend Equity ETF $SCHD

Stonehearth Capital Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 616,416 shares of the company’s stock after acquiring an additional 58,613 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 6.5% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 4th biggest position. Stonehearth Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,828,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Kozak & Associates Inc. grew its position in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the last quarter. PrairieView Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $39,000. Finally, Independence Bank of Kentucky purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $41,000.

Schwab US Dividend Equity ETF Trading Up 0.5%

Shares of SCHD stock opened at $28.55 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $28.84. The company’s 50-day moving average price is $27.41 and its 200-day moving average price is $27.26. The stock has a market cap of $74.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.