67,364 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Acquired by Graney & King LLC

Graney & King LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 67,364 shares of the company’s stock, valued at approximately $1,840,000. Schwab US Dividend Equity ETF comprises about 1.4% of Graney & King LLC’s investment portfolio, making the stock its 16th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Central Pacific Bank Trust Division raised its position in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the period. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after buying an additional 777 shares during the last quarter. PFG Private Wealth Management LLC lifted its holdings in shares of 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 worth $28,000 after buying an additional 686 shares in the last quarter. Finally, IFS Advisors LLC grew its position in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9 %

Shares of SCHD stock opened at $27.84 on Wednesday. The firm has a market capitalization of $69.04 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The business’s 50-day moving average price is $27.98 and its 200-day moving average price is $28.14.

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.