Atlantic Union Bankshares Corp Acquires 217,961 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Atlantic Union Bankshares Corp grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 242.0% in the 4th quarter, Holdings Channel reports. The fund owned 308,039 shares of the company’s stock after purchasing an additional 217,961 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Schwab US Dividend Equity ETF were worth $8,416,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares during the period. GAMMA Investing LLC lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the third quarter worth $163,000. Tenon Financial LLC lifted its position in Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after purchasing an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. lifted its position in Schwab US Dividend Equity ETF by 195.0% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after purchasing an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.46 on Friday. The stock has a market cap of $69.73 billion, a P/E ratio of 17.56 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. The stock has a fifty day moving average price of $27.85 and a 200 day moving average price of $28.13.

About Schwab US Dividend Equity ETF

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.