Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Lifted by Mutual Advisors LLC

Mutual Advisors LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 564,980 shares of the company’s stock after acquiring an additional 21,059 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.5% of Mutual Advisors LLC’s holdings, making the stock its 28th biggest position. Mutual Advisors LLC owned approximately 0.08% of Schwab US Dividend Equity ETF worth $15,723,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $34,000. Barrett & Company Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000. Finally, Quent Capital LLC grew its position in Schwab US Dividend Equity ETF by 86.6% during the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after purchasing an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.1 %

SCHD opened at $27.92 on Thursday. The firm has a market capitalization of $19.59 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock has a fifty day moving average of $28.15 and a 200-day moving average of $27.87. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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