Bangor Savings Bank Acquires 2,771 Shares of Schwab US Dividend Equity ETF $SCHD

Bangor Savings Bank raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,444 shares of the company’s stock after acquiring an additional 2,771 shares during the quarter. Bangor Savings Bank’s holdings in Schwab US Dividend Equity ETF were worth $2,158,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SCHD. Brighton Jones LLC grew its stake in shares of Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares in the last quarter. Northern Trust Corp grew its stake in shares of Schwab US Dividend Equity ETF by 247.5% in the fourth quarter. Northern Trust Corp now owns 253,449 shares of the company’s stock valued at $6,924,000 after buying an additional 180,519 shares in the last quarter. Bison Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Finally, Jefferies Financial Group Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 195.6% in the fourth quarter. Jefferies Financial Group Inc. now owns 22,998 shares of the company’s stock valued at $628,000 after buying an additional 15,218 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9%

NYSEARCA:SCHD opened at $27.48 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The firm has a fifty day simple moving average of $27.30 and a 200 day simple moving average of $26.83. The stock has a market capitalization of $71.68 billion, a PE ratio of 14.57 and a beta of 0.88.

Schwab US Dividend Equity ETF 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.