OneAscent Financial Services LLC Makes New Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

OneAscent Financial Services LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 49,832 shares of the company’s stock, valued at approximately $1,361,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Hobbs Group Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at $68,000. Central Pacific Bank Trust Division raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th 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 bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $26,000. Finally, PFG Private Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after buying an additional 686 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.87 on Wednesday. The company’s 50-day moving average price is $27.96 and its 200-day moving average price is $28.14. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company has a market cap of $70.23 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.