Annex Advisory Services LLC Purchases 302,535 Shares of Schwab US Dividend Equity ETF $SCHD

Annex Advisory Services LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3,070.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 312,387 shares of the company’s stock after acquiring an additional 302,535 shares during the quarter. Annex Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,569,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Colorado Capital Management Inc. boosted its holdings in Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after acquiring an additional 362 shares in the last quarter. Ellis Investment Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after acquiring an additional 375 shares in the last quarter. Harbor Group Inc. boosted its holdings in Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares in the last quarter. Westside Investment Management Inc. boosted its holdings in Schwab US Dividend Equity ETF by 5.6% in the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after acquiring an additional 383 shares in the last quarter. Finally, International Private Wealth Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after acquiring an additional 397 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1%

Schwab US Dividend Equity ETF stock opened at $30.71 on Wednesday. The business’s fifty day simple moving average is $31.05 and its two-hundred day simple moving average is $28.84. Schwab US Dividend Equity ETF has a 12 month low of $24.76 and a 12 month high of $31.95. The company has a market capitalization of $85.88 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70.

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.