Verum Partners LLC Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Verum Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,762 shares of the company’s stock after buying an additional 43,646 shares during the period. Verum Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,797,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Central Pacific Bank Trust Division raised its holdings 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 valued at $25,000 after acquiring an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $26,000. IFS Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Finally, Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $34,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.22 on Wednesday. The company has a market cap of $19.80 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company has a 50-day moving average of $28.16 and a 200-day moving average of $27.85.

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.