Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by SP Asset Management LLC

SP Asset Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,824 shares of the company’s stock after acquiring an additional 15,287 shares during the quarter. SP Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $624,000 as of its most recent SEC filing.

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

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.05 on Thursday. The stock has a fifty day moving average of $27.82 and a two-hundred day moving average of $28.12. The company has a market capitalization of $68.72 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72.

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.