Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Freestate Advisors LLC

Freestate Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 209.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,408 shares of the company’s stock after buying an additional 42,251 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.8% of Freestate Advisors LLC’s holdings, making the stock its 11th largest position. Freestate Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,705,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHD. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $34,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $38,000. Finally, Quent Capital LLC grew its holdings in Schwab US Dividend Equity ETF by 86.6% during the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after buying an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD traded up $0.36 during mid-day trading on Wednesday, reaching $27.88. 2,431,915 shares of the stock were exchanged, compared to its average volume of 15,230,646. The stock has a market capitalization of $19.56 billion, a PE ratio of 15.04 and a beta of 0.74. The business’s fifty day simple moving average is $28.26 and its 200 day simple moving average is $27.79. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72.

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.