Leavell Investment Management Inc. Purchases 352,281 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Leavell Investment Management Inc. raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 532,642 shares of the company’s stock after acquiring an additional 352,281 shares during the period. Leavell Investment Management Inc. owned approximately 0.08% of Schwab US Dividend Equity ETF worth $14,552,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after buying an additional 191 shares during the period. Argus Investors Counsel Inc. lifted its stake in Schwab US Dividend Equity ETF by 8.0% during the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after purchasing an additional 355 shares during the last quarter. O ROURKE & COMPANY Inc lifted its stake in Schwab US Dividend Equity ETF by 5.7% during the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after purchasing an additional 366 shares during the last quarter. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $31,000. Finally, Brown Lisle Cummings Inc. lifted its stake in Schwab US Dividend Equity ETF by 17.3% during the third quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after purchasing an additional 375 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.87 on Wednesday. The business has a fifty day moving average price of $27.81 and a two-hundred day moving average price of $27.99. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The stock has a market capitalization of $19.55 billion, a PE ratio of 15.04 and a beta of 0.74.

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.