Fifth Third Securities Inc. Buys 104,937 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fifth Third Securities Inc. increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 222.4% during the fourth quarter, Holdings Channel reports. The firm owned 152,125 shares of the company’s stock after acquiring an additional 104,937 shares during the period. Fifth Third Securities Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,156,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Central Pacific Bank Trust Division boosted its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $26,000. IFS Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Finally, Olistico Wealth LLC boosted its stake in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

Shares of SCHD stock opened at $27.98 on Friday. The business’s 50-day moving average price is $28.07 and its 200-day moving average price is $27.94. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The firm has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.