Victrix Investment Advisors Buys New Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Victrix Investment Advisors purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 57,947 shares of the company’s stock, valued at approximately $1,553,000.

Other institutional investors have also recently bought and sold shares of the company. Ritter Daniher Financial Advisory LLC DE raised its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares during the period. Opal Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at about $27,000. PFG Private Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares during the period. Mountain Hill Investment Partners Corp. acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $29,000. Finally, Summit Securities Group LLC acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Trading Up 0.7%

Schwab US Dividend Equity ETF stock opened at $26.39 on Friday. The company has a market capitalization of $68.78 billion, a price-to-earnings ratio of 14.34 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The stock’s 50 day moving average is $26.19 and its 200-day moving average is $27.03.

Schwab US Dividend Equity ETF 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.