Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Mitchell Sinkler & Starr PA

Mitchell Sinkler & Starr PA lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 74,725 shares of the company’s stock after purchasing an additional 50,150 shares during the quarter. Mitchell Sinkler & Starr PA’s holdings in Schwab US Dividend Equity ETF were worth $2,041,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHD. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Anchor Investment Management LLC grew its position in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares during the period. Bernardo Wealth Planning LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock worth $366,000 after purchasing an additional 498 shares during the period. Central Pacific Bank Trust Division grew 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 period. Finally, Cobblestone Capital Advisors LLC NY boosted its position in Schwab US Dividend Equity ETF by 9.1% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 7,421 shares of the company’s stock worth $627,000 after purchasing an additional 618 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.58 on Friday. The business’s 50-day simple moving average is $27.97 and its 200 day simple moving average is $28.13. The company has a market cap of $69.50 billion, a P/E ratio of 17.12 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a dividend of $0.2488 per share. The ex-dividend date of this dividend is Wednesday, March 26th.

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.