Ring Mountain Capital LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 18,598 shares of the company’s stock, valued at approximately $508,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $31,000. Galvin Gaustad & Stein LLC increased its holdings in Schwab US Dividend Equity ETF by 2.1% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after buying an additional 377 shares in the last quarter. Phillips Financial Management LLC increased its holdings in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after buying an additional 391 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $34,000. Finally, Anchor Investment Management LLC increased its holdings in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after buying an additional 428 shares in the last quarter.
Schwab US Dividend Equity ETF Stock Performance
NYSEARCA SCHD opened at $28.40 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The stock has a 50-day moving average of $27.80 and a 200 day moving average of $28.12. The company has a market capitalization of $69.58 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.
See Also
- Five stocks we like better than Schwab US Dividend Equity ETF
- Breakout Stocks: What They Are and How to Identify Them
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- How to trade penny stocks: A step-by-step guide
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
