Balentine LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 200.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,444 shares of the company’s stock after acquiring an additional 2,296 shares during the quarter. Balentine LLC’s holdings in Schwab US Dividend Equity ETF were worth $94,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Latitude Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 236.7% during the fourth quarter. Latitude Advisors LLC now owns 62,140 shares of the company’s stock worth $1,698,000 after purchasing an additional 43,682 shares during the period. Sovran Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $3,405,000. Stonebridge Financial Group LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $130,000. Bonfire Financial purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $763,000. Finally, Essex Financial Services Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 2.0% in the fourth quarter. Essex Financial Services Inc. now owns 56,462 shares of the company’s stock worth $1,543,000 after acquiring an additional 1,127 shares during the last quarter.
Schwab US Dividend Equity ETF Trading Up 0.4 %
SCHD opened at $27.68 on Tuesday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The stock has a fifty day moving average price of $27.85 and a 200 day moving average price of $27.99. The stock has a market cap of $19.42 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.
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.
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