Verity & Verity LLC Acquires 11,871 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Verity & Verity LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,656 shares of the company’s stock after purchasing an additional 11,871 shares during the period. Verity & Verity LLC’s holdings in Schwab US Dividend Equity ETF were worth $482,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Colorado Capital Management Inc. raised its stake in Schwab US Dividend Equity ETF by 1.1% in the third 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 lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock worth $354,000 after acquiring an additional 130 shares during the period. Ascent Group LLC boosted its position in shares of 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 worth $940,000 after acquiring an additional 145 shares in the last quarter. Sunflower Bank N.A. increased its stake in Schwab US Dividend Equity ETF by 4.2% in the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after acquiring an additional 185 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in Schwab US Dividend Equity ETF by 12.5% during the third 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 Price Performance

NYSEARCA SCHD opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72. The business has a fifty day moving average price of $28.19 and a two-hundred day moving average price of $27.81. The stock has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74.

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.