Wedmont Private Capital Purchases 67,556 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wedmont Private Capital raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 288.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,965 shares of the company’s stock after acquiring an additional 67,556 shares during the quarter. Wedmont Private Capital’s holdings in Schwab US Dividend Equity ETF were worth $2,457,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its holdings in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after purchasing an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $163,000. Synovus Financial Corp grew its stake in Schwab US Dividend Equity ETF by 148.1% in the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after buying an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after acquiring an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock traded up $0.23 during trading on Monday, reaching $27.24. The company’s stock had a trading volume of 13,832,363 shares, compared to its average volume of 16,701,754. The business’s fifty day moving average price is $28.29 and its 200-day moving average price is $27.77. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The firm has a market cap of $19.11 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.