Capital Square LLC Buys Shares of 52,540 Schwab US Dividend Equity ETF $SCHD

Capital Square LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, HoldingsChannel reports. The fund purchased 52,540 shares of the company’s stock, valued at approximately $1,702,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHD. Rockefeller Capital Management L.P. grew its position in Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after purchasing an additional 82,981 shares during the last quarter. Aurora Private Wealth Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $2,054,000. BNP Paribas Financial Markets grew its holdings in Schwab US Dividend Equity ETF by 351,462.5% during the fourth quarter. BNP Paribas Financial Markets now owns 337,500 shares of the company’s stock worth $9,258,000 after acquiring an additional 337,404 shares during the period. Mission Hills Financial Advisory LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 352,317 shares of the company’s stock valued at $9,664,000 after purchasing an additional 19,072 shares in the last quarter. Finally, KLCM Advisors Inc. acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at $1,488,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $35.11 on Monday. The firm has a market cap of $109.08 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31. The stock’s 50 day moving average is $33.05 and its two-hundred day moving average is $31.99.

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.