269,733 Shares in Schwab US Dividend Equity ETF $SCHD Bought by NBT Bank N.A.

NBT Bank N.A. acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 269,733 shares of the company’s stock, valued at approximately $8,774,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHD. Summit Financial Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $63,803,000. Paradiem LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $56,258,000. Baer Investment Advisory LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $46,847,000. Albion Financial Group UT acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $39,427,000. Finally, Stonehearth Capital Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $31,481,000.

Schwab US Dividend Equity ETF Trading Up 2.1%

Shares of NYSEARCA:SCHD opened at $35.40 on Friday. The company has a fifty day simple moving average of $34.05 and a 200 day simple moving average of $32.88. The firm has a market cap of $118.71 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 $35.45.

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.