Kieckhefer Group LLC Acquires Shares of 4,755 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kieckhefer Group LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,755 shares of the company’s stock, valued at approximately $130,000.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $163,000. Synovus Financial Corp increased its position in Schwab US Dividend Equity ETF by 148.1% in the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after acquiring an additional 25,380 shares during the period. Finally, Anchor Investment Management LLC raised its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $0.15 during trading hours on Monday, reaching $27.16. 10,499,182 shares of the company’s stock traded hands, compared to its average volume of 16,229,720. The firm has a market capitalization of $19.05 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business’s fifty day simple moving average is $28.29 and its two-hundred day simple moving average is $27.77. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72.

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.