Dakota Community Bank & Trust NA Purchases Shares of 1,450 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Dakota Community Bank & Trust NA acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,450 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after acquiring an additional 350,872 shares during the last quarter. Keystone Financial Planning Inc. increased its position in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after buying an additional 297,674 shares during the period. Orgel Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after buying an additional 70,852 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after buying an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.03 and a 1 year high of $29.72. The firm has a 50-day simple moving average of $28.19 and a two-hundred day simple moving average of $27.81. The company has a market cap of $19.63 billion, a P/E 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.