Beaumont Financial Advisors LLC Acquires 22,254 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Beaumont Financial Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 189.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,986 shares of the company’s stock after acquiring an additional 22,254 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $928,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SCHD. Central Pacific Bank Trust Division boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $26,000. IFS Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Finally, Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.92 on Thursday. The firm has a 50 day moving average price of $28.15 and a two-hundred day moving average price of $27.87. The stock has a market cap of $19.59 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 $25.16 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.