OMC Financial Services LTD Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

OMC Financial Services LTD acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,258 shares of the company’s stock, valued at approximately $424,000.

Several other large investors have also made changes to their positions in the business. Central Pacific Bank Trust Division acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $25,000. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $26,000. Voisard Asset Management Group Inc. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $29,000. Westside Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth $32,000. Finally, Signature Resources Capital Management LLC acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $32,000.

Schwab US Dividend Equity ETF Trading Down 1.2 %

NYSEARCA:SCHD traded down $0.96 during trading hours on Friday, reaching $80.80. 3,486,897 shares of the company were exchanged, compared to its average volume of 3,273,164. The stock’s 50-day moving average is $78.85 and its 200-day moving average is $78.28. The firm has a market cap of $56.68 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $83.19.

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.