Legacy Private Trust Co. Acquires 140,705 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Legacy Private Trust Co. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 212,492 shares of the company’s stock after buying an additional 140,705 shares during the quarter. Legacy Private Trust Co.’s holdings in Schwab US Dividend Equity ETF were worth $5,805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of SCHD. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $38,000. Finally, Fairfield Financial Advisors LTD bought a new stake in Schwab US Dividend Equity ETF in the second quarter valued at $39,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded up $0.06 during midday trading on Wednesday, reaching $27.32. 13,658,773 shares of the company traded hands, compared to its average volume of 16,271,401. Schwab US Dividend Equity ETF has a 12 month low of $24.97 and a 12 month high of $29.72. The stock’s 50-day simple moving average is $28.35 and its 200-day simple moving average is $27.75. The firm has a market cap of $19.16 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.