Signature Estate & Investment Advisors LLC Purchases 324,322 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Signature Estate & Investment Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 486,713 shares of the company’s stock after acquiring an additional 324,322 shares during the period. Signature Estate & Investment Advisors LLC owned approximately 0.07% of Schwab US Dividend Equity ETF worth $13,297,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Hobbs Group Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $68,000. Central Pacific Bank Trust Division grew its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $26,000. Finally, PFG Private Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $28.09 on Tuesday. The company’s 50-day moving average is $27.97 and its 200-day moving average is $28.13. The stock has a market capitalization of $69.66 billion, a PE ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72.

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.