18,023 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Purchased by Davis R M Inc.

Davis R M Inc. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, Holdings Channel.com reports. The fund purchased 18,023 shares of the company’s stock, valued at approximately $492,000.

Several other large investors have also recently added to or reduced their stakes in the business. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Phillips Financial Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after acquiring an additional 391 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Anchor Investment Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares during the period. Finally, Stonebridge Financial Planning Group LLC grew its holdings in Schwab US Dividend Equity ETF by 1.7% during the third quarter. Stonebridge Financial Planning Group LLC now owns 25,276 shares of the company’s stock worth $2,137,000 after purchasing an additional 430 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.74 on Wednesday. The company has a market cap of $68.80 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The firm’s fifty day moving average price is $27.88 and its two-hundred day moving average price is $28.14.

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.