Lynch & Associates IN Purchases 8,421 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lynch & Associates IN boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.9% during the 1st quarter, HoldingsChannel reports. The fund owned 150,484 shares of the company’s stock after buying an additional 8,421 shares during the quarter. Lynch & Associates IN’s holdings in Schwab US Dividend Equity ETF were worth $4,208,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $27,000. Ritter Daniher Financial Advisory LLC DE grew its stake 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 period. PFG Private Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing 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% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares during the period. Finally, Mountain Hill Investment Partners Corp. bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $26.92 on Tuesday. The firm has a market cap of $69.99 billion, a PE ratio of 15.93 and a beta of 0.82. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The stock’s 50 day simple moving average is $26.01 and its 200 day simple moving average is $27.14.

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.