Ellevest Inc. Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ellevest Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 183.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 26,087 shares of the company’s stock after buying an additional 16,879 shares during the period. Ellevest Inc.’s holdings in Schwab US Dividend Equity ETF were worth $713,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $26,000. Ritter Daniher Financial Advisory LLC DE boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares during the last quarter. PFG Private Wealth Management LLC grew its stake in shares of 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 during the period. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares during the period. Finally, Mountain Hill Investment Partners Corp. purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $29,000.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of Schwab US Dividend Equity ETF stock opened at $25.73 on Friday. The stock has a market capitalization of $66.90 billion, a P/E ratio of 15.01 and a beta of 0.82. The business’s fifty day moving average price is $26.50 and its 200 day moving average price is $27.59. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

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

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.