Eagle Rock Investment Company LLC Buys 6,914 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Eagle Rock Investment Company LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.2% during the fourth quarter, HoldingsChannel reports. The firm owned 10,350 shares of the company’s stock after buying an additional 6,914 shares during the quarter. Eagle Rock Investment Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $283,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $163,000. Synovus Financial Corp boosted its holdings in shares of Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after acquiring an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC grew its position in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after acquiring an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.83 on Friday. The business has a 50 day moving average of $28.21 and a 200-day moving average of $27.79. The company has a market capitalization of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72.

Schwab US Dividend Equity ETF Company 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.