Stonehearth Capital Management LLC Purchases 412,792 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stonehearth Capital Management LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 610,355 shares of the company’s stock after purchasing an additional 412,792 shares during the quarter. Schwab US Dividend Equity ETF makes up about 6.7% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 4th largest holding. Stonehearth Capital Management LLC owned about 0.09% of Schwab US Dividend Equity ETF worth $16,675,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the period. Commonwealth Equity Services LLC lifted its position in Schwab US Dividend Equity ETF by 7.5% in the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after purchasing an additional 297,674 shares during the period. Orgel Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after purchasing an additional 70,852 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock valued at $306,788,000 after purchasing an additional 101,637 shares during the period. Finally, Keystone Financial Planning Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 5.4% in the 3rd quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock worth $157,133,000 after buying an additional 94,765 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3 %

SCHD stock traded up $0.08 during trading hours on Tuesday, hitting $27.35. 8,071,209 shares of the stock traded hands, compared to its average volume of 14,673,462. The stock has a 50-day simple moving average of $28.36 and a 200 day simple moving average of $27.74. The company has a market cap of $19.19 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one 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.