Sage Capital Advisors llc Purchases 13,670 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sage Capital Advisors llc increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 20,465 shares of the company’s stock after acquiring an additional 13,670 shares during the period. Sage Capital Advisors llc’s holdings in Schwab US Dividend Equity ETF were worth $559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SCHD. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $31,000. Barrett & Company Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Finally, Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $38,000.

Schwab US Dividend Equity ETF Trading Down 1.0 %

SCHD stock traded down $0.26 during midday trading on Friday, hitting $27.06. The company had a trading volume of 14,848,961 shares, compared to its average volume of 15,926,090. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72. The stock has a market cap of $18.98 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock’s 50 day moving average price is $28.31 and its 200 day moving average price is $27.74.

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.