May Barnhard Investments LLC Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

May Barnhard Investments LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 27,877 shares of the company’s stock, valued at approximately $762,000.

Several other large investors also recently made changes to their positions in the company. Sumitomo Life Insurance Co. grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after buying an additional 17,880,000 shares during the period. Avantax Advisory Services Inc. boosted its stake in Schwab US Dividend Equity ETF by 205.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after purchasing an additional 17,501,170 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $592,939,000. Wealthspire Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock valued at $413,737,000 after purchasing an additional 10,024,156 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in Schwab US Dividend Equity ETF by 206.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,130,560 shares of the company’s stock valued at $358,727,000 after purchasing an additional 8,848,668 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.29 on Friday. The company has a market capitalization of $67.68 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The business has a 50-day simple moving average of $27.88 and a two-hundred day simple moving average of $28.13.

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.