Asset Dedication LLC Buys 33,387 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Asset Dedication LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 124.5% during the 4th quarter, Holdings Channel reports. The fund owned 60,196 shares of the company’s stock after acquiring an additional 33,387 shares during the period. Asset Dedication LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,645,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $34,000. Barrett & Company Inc. bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $38,000. Finally, Quent Capital LLC boosted its stake in Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after acquiring an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.3 %

Schwab US Dividend Equity ETF stock opened at $28.07 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The firm has a market capitalization of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average price is $28.08 and its two-hundred day moving average price is $27.94.

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.