Gladstone Institutional Advisory LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Gladstone Institutional Advisory LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 259.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 140,393 shares of the company’s stock after acquiring an additional 101,294 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,836,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Atlas Wealth Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 222.8% during the 4th quarter. Atlas Wealth Partners LLC now owns 85,709 shares of the company’s stock worth $2,342,000 after acquiring an additional 59,157 shares in the last quarter. Perissos Private Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 208.9% during the fourth quarter. Perissos Private Wealth Management LLC now owns 24,830 shares of the company’s stock worth $678,000 after purchasing an additional 16,791 shares in the last quarter. MeadowBrook Investment Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. MeadowBrook Investment Advisors LLC now owns 7,407 shares of the company’s stock valued at $202,000 after purchasing an additional 4,938 shares during the period. TFB Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 252.6% in the fourth quarter. TFB Advisors LLC now owns 16,488 shares of the company’s stock valued at $450,000 after buying an additional 11,812 shares in the last quarter. Finally, Capital Advisors Inc. OK raised its stake in shares of Schwab US Dividend Equity ETF by 211.5% during the 4th quarter. Capital Advisors Inc. OK now owns 42,373 shares of the company’s stock worth $1,158,000 after buying an additional 28,769 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.87 on Wednesday. The firm has a market capitalization of $19.55 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business’s 50 day moving average price is $27.81 and its 200-day moving average price is $27.99. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72.

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.