O Shaughnessy Asset Management LLC Acquires 58,688 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

O Shaughnessy Asset Management LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 257.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,491 shares of the company’s stock after acquiring an additional 58,688 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,226,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SCHD. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Hobbs Group Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $68,000. Central Pacific Bank Trust Division grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $26,000. Finally, PFG Private Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after acquiring an additional 686 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $25.28 on Friday. The firm has a market cap of $63.71 billion, a PE ratio of 17.12 and a beta of 0.86. The firm has a fifty day moving average price of $27.88 and a 200 day moving average price of $28.11. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.