Vaughan David Investments LLC IL Has $33.02 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Vaughan David Investments LLC IL boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 209.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,208,749 shares of the company’s stock after purchasing an additional 818,104 shares during the quarter. Vaughan David Investments LLC IL owned about 0.17% of Schwab US Dividend Equity ETF worth $33,023,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $34,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $38,000. Finally, Phillips Financial Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.2 %

Shares of NYSEARCA SCHD opened at $28.26 on Tuesday. The firm has a market capitalization of $69.24 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock’s 50-day simple moving average is $27.69 and its two-hundred day simple moving average is $28.05. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72.

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.