Kovack Advisors Inc. Acquires 79,399 Shares of Schwab US Dividend Equity ETF $SCHD

Kovack Advisors Inc. lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 119.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 146,094 shares of the company’s stock after purchasing an additional 79,399 shares during the period. Kovack Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,007,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. lifted its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Field & Main Bank bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Finally, Triumph Capital Management bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $33,000.

More Schwab US Dividend Equity ETF News

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

• Positive Sentiment: Multiple articles argued that SCHD remains a “gold standard” among dividend ETFs, emphasizing its quality screen, stronger performance, and lower risk than higher-yield alternatives. SCHD Vs. PFFA: Ditching The Yield Trap For Schwab’s Gold Standard
• Positive Sentiment: Coverage showing that a $1 million investment in SCHD in 2016 grew to about $2.3 million while also producing substantial dividend income may attract more income-focused investors. Retiring? Buy SCHD. $1m into 2.3m since 2016, $53K/y in dividends. No Reinvestments.
• Positive Sentiment: Another recent piece said SCHD is a good time to buy, noting the ETF has held up relatively well even as broader markets weakened and that it remains near its year-to-date high. SCHD stock: Why it is a good time to buy this dividend ETF
• Neutral Sentiment: Several comparison articles discussed SCHD favorably against VYM and HDV, but these were mainly relative-value debates rather than new fund-specific catalysts. SCHD vs. VYM: Which Dividend ETF Builds a Better Income Stream? HDV: Less Stable Than SCHD With No Dividend Or Quality Advantage
• Negative Sentiment: One Seeking Alpha article argued that dividend ETFs like SCHD still face valuation, earnings, and sector-concentration risk, suggesting the fund is not as defensive as many investors assume. Why The ETF With The Worst Sharpe Ratio Is Our Top Pick

Schwab US Dividend Equity ETF Trading Up 0.8%

NYSEARCA SCHD opened at $32.53 on Friday. 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 market cap of $92.34 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The company’s 50 day moving average is $31.64 and its two-hundred day moving average is $30.22.

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.