Signet Financial Management LLC Acquires 7,289 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Signet Financial Management LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 175.9% in the fourth quarter, HoldingsChannel reports. The fund owned 11,433 shares of the company’s stock after buying an additional 7,289 shares during the period. Signet Financial Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $312,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after acquiring an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $163,000. Synovus Financial Corp increased 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 worth $3,594,000 after purchasing an additional 25,380 shares during the period. Finally, Anchor Investment Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The business has a 50 day moving average price of $28.27 and a 200-day moving average price of $27.78. The firm has a market cap of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74.

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.