Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Flputnam Investment Management Co.

Flputnam Investment Management Co. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,104 shares of the company’s stock after purchasing an additional 17,050 shares during the period. Flputnam Investment Management Co.’s holdings in Schwab US Dividend Equity ETF were worth $686,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Galvin Gaustad & Stein LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the third quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after buying an additional 377 shares during the last quarter. Phillips Financial Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after acquiring an additional 391 shares during the period. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $34,000. Finally, Anchor Investment Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after acquiring an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $28.40 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The company has a fifty day moving average price of $27.80 and a 200 day moving average price of $28.12. The stock has a market cap of $69.58 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.