Financial Consulate Inc. Buys 515,889 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Consulate Inc. raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 776,613 shares of the company’s stock after purchasing an additional 515,889 shares during the period. Schwab US Dividend Equity ETF comprises approximately 5.6% of Financial Consulate Inc.’s holdings, making the stock its 6th largest holding. Financial Consulate Inc.’s holdings in Schwab US Dividend Equity ETF were worth $21,217,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in SCHD. Alpha Financial Partners LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $1,283,000. Brown Lisle Cummings Inc. grew its stake in Schwab US Dividend Equity ETF by 17.3% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after buying an additional 375 shares during the last quarter. Toth Financial Advisory Corp grew its stake in Schwab US Dividend Equity ETF by 26.4% during the 3rd quarter. Toth Financial Advisory Corp now owns 3,107 shares of the company’s stock worth $263,000 after buying an additional 649 shares during the last quarter. Ledyard National Bank grew its stake in shares of Schwab US Dividend Equity ETF by 14.0% in the third quarter. Ledyard National Bank now owns 169,515 shares of the company’s stock worth $14,329,000 after purchasing an additional 20,808 shares in the last quarter. Finally, Tull Financial Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $19,639,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.99 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The stock has a market cap of $68.58 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The business has a fifty day moving average of $27.70 and a 200-day moving average of $28.01.

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.