Dale Q Rice Investment Management Ltd Purchases New Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Dale Q Rice Investment Management Ltd bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 45,006 shares of the company’s stock, valued at approximately $1,230,000. Schwab US Dividend Equity ETF accounts for about 0.5% of Dale Q Rice Investment Management Ltd’s investment portfolio, making the stock its 28th biggest position.

Other hedge funds have also added to or reduced their stakes in the company. Colorado Capital Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after purchasing an additional 121 shares during the last quarter. Brick & Kyle Associates lifted its holdings in Schwab US Dividend Equity ETF by 2.9% in the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after acquiring an additional 130 shares during the period. Ascent Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after purchasing an additional 145 shares during the period. Sunflower Bank N.A. lifted its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after purchasing an additional 185 shares during the period. Finally, Sound Income Strategies LLC grew its position in Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after buying an additional 191 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The company has a market cap of $19.15 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm has a 50-day simple moving average of $28.27 and a two-hundred day simple moving average of $27.78.

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.