Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Ridgewood Investments LLC

Ridgewood Investments LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,090 shares of the company’s stock after acquiring an additional 4,065 shares during the period. Ridgewood Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $166,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth about $31,000. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $38,000. Finally, Fairfield Financial Advisors LTD purchased a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth about $39,000.

Schwab US Dividend Equity ETF Stock Down 1.2 %

NYSEARCA SCHD traded down $0.33 during trading hours on Friday, hitting $26.99. 11,833,294 shares of the company were exchanged, compared to its average volume of 14,956,556. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The firm has a market cap of $18.93 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average of $28.31 and a two-hundred day moving average of $27.74.

Schwab US Dividend Equity ETF Company 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.