Ehrlich Financial Group Purchases 36,377 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ehrlich Financial Group grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 239.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,560 shares of the company’s stock after acquiring an additional 36,377 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 1.0% of Ehrlich Financial Group’s holdings, making the stock its 27th largest position. Ehrlich Financial Group’s holdings in Schwab US Dividend Equity ETF were worth $1,409,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SCHD. JPMorgan Chase & Co. boosted its stake in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC raised its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF during the third quarter worth about $163,000. Synovus Financial Corp boosted its holdings in Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after purchasing an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC grew its stake 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 purchasing an additional 428 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock traded up $0.29 during midday trading on Monday, hitting $27.30. 17,780,538 shares of the company were exchanged, compared to its average volume of 17,315,617. The firm has a 50 day simple moving average of $28.29 and a 200-day simple moving average of $27.77. The firm has a market cap of $19.15 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 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.