Ridgewood Investments LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ridgewood Investments LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,090 shares of the company’s stock after purchasing an additional 4,065 shares during the quarter. Ridgewood Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $166,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division boosted its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $31,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $34,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $38,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock traded down $0.33 during trading hours on Friday, hitting $26.99. The company’s stock had a trading volume of 11,833,294 shares, compared to its average volume of 14,956,556. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72. The firm has a fifty day moving average of $28.31 and a 200-day moving average of $27.74. The stock has a market cap of $18.93 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.