Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,325 shares of the company’s stock after buying an additional 14,904 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in Schwab US Dividend Equity ETF were worth $610,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $38,000. Phillips Financial Management LLC boosted its stake in Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after purchasing an additional 391 shares during the last quarter. Finally, Hobbs Group Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $68,000.

Schwab US Dividend Equity ETF Stock Up 1.3 %

Shares of NYSEARCA SCHD opened at $28.54 on Friday. The firm has a 50-day simple moving average of $27.78 and a 200-day simple moving average of $28.09. The stock has a market capitalization of $69.92 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72.

About Schwab US Dividend Equity ETF

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.