Treynor Bancshares Inc. Buys 4,835 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Treynor Bancshares Inc. grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 180.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,509 shares of the company’s stock after purchasing an additional 4,835 shares during the period. Treynor Bancshares Inc.’s holdings in Schwab US Dividend Equity ETF were worth $205,000 as of its most recent SEC filing.

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

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.96 on Tuesday. The firm’s 50-day moving average price is $27.97 and its 200-day moving average price is $28.14. The company has a market capitalization of $70.46 billion, a PE ratio of 17.12 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 Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.