Bar Harbor Wealth Management Acquires 5,000 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bar Harbor Wealth Management boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 142.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,500 shares of the company’s stock after purchasing an additional 5,000 shares during the period. Bar Harbor Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $232,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SCHD. Oppenheimer Asset Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 45.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 58,752 shares of the company’s stock valued at $4,569,000 after buying an additional 18,220 shares during the last quarter. Fairfield Financial Advisors LTD bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth about $39,000. Mesirow Financial Investment Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 2.0% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 131,525 shares of the company’s stock valued at $10,234,000 after purchasing an additional 2,521 shares during the period. Citizens Financial Group Inc. RI bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $5,054,000. Finally, Wulff Hansen & CO. grew its position in shares of Schwab US Dividend Equity ETF by 8,405.3% in the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock worth $113,175,000 after buying an additional 1,438,322 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.1 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.30 on Tuesday. The business has a 50 day moving average of $28.27 and a 200 day moving average of $27.78. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72. The company has a market cap of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74.

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.