Empowered Funds LLC Buys Shares of 4,955 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Empowered Funds LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,955 shares of the company’s stock, valued at approximately $135,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. O ROURKE & COMPANY Inc lifted its stake in Schwab US Dividend Equity ETF by 5.7% in the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock valued at $570,000 after buying an additional 366 shares during the last quarter. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $31,000. Galvin Gaustad & Stein LLC lifted its stake in Schwab US Dividend Equity ETF by 2.1% in the third quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock valued at $1,520,000 after buying an additional 377 shares during the last quarter. Phillips Financial Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 1.9% during the third quarter. Carmichael Hill & Associates Inc. now owns 21,086 shares of the company’s stock valued at $1,782,000 after purchasing an additional 394 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4 %

Shares of NYSEARCA SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The firm’s 50-day simple moving average is $27.69 and its 200 day simple moving average is $28.03. The stock has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88.

Schwab US Dividend Equity ETF 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.