Investment Advisory Services Inc. TX ADV Acquires 331,646 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Investment Advisory Services Inc. TX ADV lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 491,892 shares of the company’s stock after purchasing an additional 331,646 shares during the period. Schwab US Dividend Equity ETF accounts for 4.7% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its 5th biggest position. Investment Advisory Services Inc. TX ADV’s holdings in Schwab US Dividend Equity ETF were worth $13,438,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in SCHD. AQR Capital Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $879,000. Alpha Financial Partners LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $1,283,000. Freestate Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $1,704,000. Walker Financial Services Inc. grew its position in shares of Schwab US Dividend Equity ETF by 9.2% in the 3rd quarter. Walker Financial Services Inc. now owns 386,942 shares of the company’s stock valued at $32,708,000 after acquiring an additional 32,725 shares during the period. Finally, Red Mountain Financial LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. Red Mountain Financial LLC now owns 117,418 shares of the company’s stock worth $9,925,000 after purchasing an additional 3,567 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The company has a market capitalization of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74. The company has a 50-day simple moving average of $27.85 and a 200 day simple moving average of $27.97.

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.