Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by HM Payson & Co.

HM Payson & Co. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 150.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,204 shares of the company’s stock after acquiring an additional 6,137 shares during the quarter. HM Payson & Co.’s holdings in Schwab US Dividend Equity ETF were worth $279,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SCHD. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $31,000. Phillips Financial Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after acquiring an additional 391 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Anchor Investment Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares during the last quarter. Finally, Beam Wealth Advisors Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1.4% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 30,773 shares of the company’s stock valued at $2,601,000 after acquiring an additional 429 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $28.46 on Monday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company has a market cap of $69.73 billion, a P/E ratio of 17.56 and a beta of 0.88. The business’s 50-day simple moving average is $27.85 and its 200-day simple moving average is $28.13.

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.