Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by CGN Advisors LLC

CGN Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 169.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 26,690 shares of the company’s stock after acquiring an additional 16,797 shares during the period. CGN Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $729,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Central Pacific Bank Trust Division grew its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the period. IFS Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $31,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $34,000. Finally, Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth $34,000.

Schwab US Dividend Equity ETF Stock Up 0.6 %

Shares of SCHD stock opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72. The business has a fifty day simple moving average of $28.19 and a 200-day simple moving average of $27.82. The stock has a market cap of $19.63 billion, a P/E 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.