45,006 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Bought by Dale Q Rice Investment Management Ltd

Dale Q Rice Investment Management Ltd acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, HoldingsChannel reports. The fund acquired 45,006 shares of the company’s stock, valued at approximately $1,230,000. Schwab US Dividend Equity ETF accounts for approximately 0.5% of Dale Q Rice Investment Management Ltd’s portfolio, making the stock its 28th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Keystone Financial Planning Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares in the last quarter. Wulff Hansen & CO. grew its stake in Schwab US Dividend Equity ETF by 8,405.3% during the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock valued at $113,175,000 after acquiring an additional 1,438,322 shares in the last quarter. Burkett Financial Services LLC raised its holdings in Schwab US Dividend Equity ETF by 201.1% in the 4th quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock valued at $42,131,000 after acquiring an additional 1,030,031 shares during the last quarter. Noble Family Wealth LLC lifted its stake in Schwab US Dividend Equity ETF by 215.4% in the 4th quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock worth $32,737,000 after purchasing an additional 821,050 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 209.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock worth $77,141,000 after purchasing an additional 617,308 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The stock has a market cap of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74. The stock has a 50 day moving average price of $28.27 and a 200 day moving average price of $27.78.

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.