Assetmark Inc. Increases Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Assetmark Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,210,155 shares of the company’s stock after buying an additional 805,131 shares during the period. Assetmark Inc.’s holdings in Schwab US Dividend Equity ETF were worth $33,061,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Central Pacific Bank Trust Division increased its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th 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 period. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC increased its stake in Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the period. IFS Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Finally, Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.05 on Thursday. The business’s 50 day simple moving average is $27.82 and its two-hundred day simple moving average is $28.12. The stock has a market capitalization of $68.72 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.

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.