DAVENPORT & Co LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 222.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 327,018 shares of the company’s stock after buying an additional 225,595 shares during the quarter. DAVENPORT & Co LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,934,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. IFS Advisors LLC raised its position in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Finally, Olistico Wealth LLC increased its stake in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares during the period.
Schwab US Dividend Equity ETF Stock Down 0.5 %
Shares of NYSEARCA:SCHD opened at $27.83 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The company has a 50-day moving average price of $28.02 and a 200 day moving average price of $27.96. The company has a market cap of $19.52 billion, a P/E 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.
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