Schwab US Dividend Equity ETF $SCHD Shares Newly Acquired by Liberty Capital Management Inc.

Liberty Capital Management Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 169,336 shares of the company’s stock, valued at approximately $5,508,000.

A number of other institutional investors have also added to or reduced their stakes in SCHD. Cahill Financial Advisors Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 6.2% in the second quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock valued at $12,035,000 after buying an additional 22,218 shares in the last quarter. Dominguez Wealth Management Solutions Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 434.1% during the third quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock valued at $6,805,000 after buying an additional 170,021 shares during the last quarter. Bangor Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $2,480,000. Concurrent Investment Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 15.0% during the second quarter. Concurrent Investment Advisors LLC now owns 400,330 shares of the company’s stock worth $12,694,000 after acquiring an additional 52,223 shares in the last quarter. Finally, HB Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 8.4% during the second quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after acquiring an additional 137,402 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $35.42 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.46 and a fifty-two week high of $36.38. The firm has a market capitalization of $120.43 billion, a PE ratio of 19.09 and a beta of 0.68. The company’s 50-day moving average is $34.19 and its 200 day moving average is $32.46.

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.