Texas Capital Bank Wealth Management Services Inc Buys Shares of 89,992 Schwab US Dividend Equity ETF $SCHD

Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 89,992 shares of the company’s stock, valued at approximately $2,468,000.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Mountain Hill Investment Partners Corp. boosted its position in shares of Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $32.55 on Thursday. The company’s 50 day simple moving average is $31.24 and its 200 day simple moving average is $29.81. Schwab US Dividend Equity ETF has a 1 year low of $25.89 and a 1 year high of $32.91. The stock has a market capitalization of $92.40 billion, a PE ratio of 14.57 and a beta of 0.68.

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.