Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 232.3% in the 4th quarter, Holdings Channel reports. The fund owned 931,020 shares of the company’s stock after acquiring an additional 650,852 shares during the period. Park Avenue Securities LLC’s holdings in Schwab US Dividend Equity ETF were worth $25,435,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Colorado Capital Management Inc. grew its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after purchasing an additional 121 shares in the last quarter. Brick & Kyle Associates raised its holdings in Schwab US Dividend Equity ETF by 2.9% in the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after acquiring an additional 130 shares in the last quarter. Ascent Group LLC boosted its stake in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after acquiring an additional 145 shares during the last quarter. Sunflower Bank N.A. grew its holdings in Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after acquiring an additional 185 shares in the last quarter. Finally, Sound Income Strategies LLC raised its stake in shares of Schwab US Dividend Equity ETF by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after purchasing an additional 191 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.52 on Wednesday. The firm has a market cap of $19.31 billion, a P/E ratio of 15.04 and a beta of 0.74. The business has a 50-day moving average price of $28.26 and a 200 day moving average price of $27.79. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72.

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.