Burkett Financial Services LLC Boosts Stake in Schwab US Dividend Equity ETF $SCHD

Burkett Financial Services LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,725,899 shares of the company’s stock after purchasing an additional 57,214 shares during the quarter. Schwab US Dividend Equity ETF comprises 16.2% of Burkett Financial Services LLC’s investment portfolio, making the stock its 2nd biggest position. Burkett Financial Services LLC owned about 0.07% of Schwab US Dividend Equity ETF worth $47,341,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SCHD. Ellis Investment Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after purchasing an additional 375 shares in the last quarter. Harbor Group Inc. raised its position in shares of 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 buying an additional 383 shares in the last quarter. Westside Investment Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after buying an additional 383 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its stake in Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after buying an additional 402 shares during the period. Finally, Harbor Investment Advisory LLC grew its position in Schwab US Dividend Equity ETF by 2.9% during the third quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock worth $394,000 after buying an additional 410 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0%

Shares of NYSEARCA SCHD opened at $30.59 on Friday. The stock’s 50-day simple moving average is $30.53 and its two-hundred day simple moving average is $28.42. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.95. The firm has a market capitalization of $80.46 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.