Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Private Trust Co. NA

Private Trust Co. NA boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,663 shares of the company’s stock after acquiring an additional 52,425 shares during the period. Private Trust Co. NA’s holdings in Schwab US Dividend Equity ETF were worth $2,149,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SCHD. First Trust Direct Indexing L.P. increased its stake in Schwab US Dividend Equity ETF by 21.0% during the third quarter. First Trust Direct Indexing L.P. now owns 10,073 shares of the company’s stock valued at $851,000 after purchasing an additional 1,745 shares during the last quarter. JFS Wealth Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 61.1% during the third quarter. JFS Wealth Advisors LLC now owns 1,548 shares of the company’s stock valued at $131,000 after purchasing an additional 587 shares during the last quarter. Fiducient Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 37.6% during the third quarter. Fiducient Advisors LLC now owns 22,589 shares of the company’s stock valued at $1,909,000 after purchasing an additional 6,177 shares during the last quarter. Goldstone Financial Group LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at $5,461,000. Finally, Petra Financial Advisors Inc. increased its stake in Schwab US Dividend Equity ETF by 9.1% during the third quarter. Petra Financial Advisors Inc. now owns 25,065 shares of the company’s stock valued at $2,119,000 after purchasing an additional 2,096 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $28.17 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The firm has a fifty day moving average price of $27.76 and a two-hundred day moving average price of $28.08. The firm has a market cap of $69.02 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.