Newbridge Financial Services Group Inc. Buys Shares of 11,533 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Newbridge Financial Services Group Inc. acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, HoldingsChannel reports. The firm acquired 11,533 shares of the company’s stock, valued at approximately $315,000.

A number of other institutional investors have also modified their holdings of SCHD. Sunflower Bank N.A. grew its holdings in Schwab US Dividend Equity ETF by 4.2% in the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after buying an additional 185 shares during the period. Sound Income Strategies LLC boosted its position in shares of Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after acquiring an additional 191 shares during the last quarter. Johnson Bixby & Associates LLC grew its holdings in Schwab US Dividend Equity ETF by 7.4% in the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock valued at $359,000 after purchasing an additional 294 shares during the period. Argus Investors Counsel Inc. increased its position in Schwab US Dividend Equity ETF by 8.0% during the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after purchasing an additional 355 shares during the last quarter. Finally, O ROURKE & COMPANY Inc increased its position in Schwab US Dividend Equity ETF by 5.7% during the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after purchasing an additional 366 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Shares of SCHD opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The company’s fifty day moving average is $27.85 and its two-hundred day moving average is $27.98. The firm has a market cap of $19.33 billion, a PE 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.