Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 161.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 21,348 shares of the company’s stock after acquiring an additional 13,190 shares during the quarter. Investment Partners Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $583,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Central Pacific Bank Trust Division raised its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $26,000. IFS Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Finally, Olistico Wealth LLC lifted its stake in Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.65 on Thursday. The company has a market cap of $19.40 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock has a 50-day moving average of $27.79 and a two-hundred day moving average of $28.00. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72.

About Schwab US Dividend Equity ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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