Legacy Private Trust Co. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 189,049 shares of the company’s stock, valued at approximately $6,150,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Byrne Asset Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $26,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at approximately $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at approximately $32,000. Investment Counsel Co. of Nevada acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $38,000. Finally, Signature Resources Capital Management LLC boosted its position in Schwab US Dividend Equity ETF by 53.8% during the first quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after acquiring an additional 500 shares during the last quarter.
Schwab US Dividend Equity ETF Price Performance
SCHD stock traded up $0.12 during midday trading on Tuesday, hitting $32.84. The stock had a trading volume of 12,346,379 shares, compared to its average volume of 22,412,455. The company’s 50-day moving average price is $34.07 and its 200 day moving average price is $32.59. The firm has a market cap of $108.93 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31.
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.
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