Argus Investors Counsel Inc. Purchases 11,516 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Argus Investors Counsel Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 241.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,284 shares of the company’s stock after acquiring an additional 11,516 shares during the quarter. Argus Investors Counsel Inc.’s holdings in Schwab US Dividend Equity ETF were worth $445,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Central Pacific Bank Trust Division raised 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 valued at $25,000 after purchasing an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth $26,000. IFS Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Finally, Olistico Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.95 on Thursday. The company has a market cap of $19.61 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock’s 50-day moving average is $27.95 and its 200 day moving average is $27.97. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year 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.