Delta Financial Group Inc. Purchases New Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Delta Financial Group Inc. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 21,001 shares of the company’s stock, valued at approximately $574,000.

Several other large investors have also added to or reduced their stakes in the stock. Summit Asset Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 216.7% in the fourth quarter. Summit Asset Management LLC now owns 1,945,979 shares of the company’s stock valued at $53,164,000 after acquiring an additional 1,331,581 shares in the last quarter. Delap Wealth Advisory LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $634,000. Wealthgarden F.S. LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 13.6% during the 4th quarter. Wealthgarden F.S. LLC now owns 80,772 shares of the company’s stock valued at $2,207,000 after buying an additional 9,674 shares in the last quarter. MONECO Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 199.3% during the 4th quarter. MONECO Advisors LLC now owns 414,622 shares of the company’s stock valued at $11,327,000 after buying an additional 276,088 shares in the last quarter. Finally, Lansing Street Advisors boosted its holdings in shares of Schwab US Dividend Equity ETF by 202.8% during the 4th quarter. Lansing Street Advisors now owns 8,401 shares of the company’s stock valued at $230,000 after buying an additional 5,627 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

Shares of SCHD stock opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The stock has a market cap of $69.11 billion, a PE ratio of 17.48 and a beta of 0.88. The company’s fifty day moving average price is $27.69 and its 200-day moving average price is $28.03.

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.