Schwab US Dividend Equity ETF $SCHD Shares Newly Purchased by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 884,316 shares of the company’s stock, valued at approximately $28,767,000. Schwab US Dividend Equity ETF makes up 5.5% of Newman Dignan & Sheerar Inc.’s investment portfolio, making the stock its 3rd biggest position.

Other large investors have also modified their holdings of the company. Byrne Asset Management LLC acquired a new position in Schwab US Dividend Equity ETF in the second quarter worth about $26,000. DiNuzzo Private Wealth Inc. acquired a new stake in Schwab US Dividend Equity ETF during the second quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new stake in Schwab US Dividend Equity ETF during the first quarter valued at approximately $32,000. Signature Resources Capital Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 53.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after buying an additional 500 shares during the last quarter. Finally, Hanson & Doremus Investment Management lifted its holdings in Schwab US Dividend Equity ETF by 35.7% during the 1st quarter. Hanson & Doremus Investment Management now owns 2,001 shares of the company’s stock worth $61,000 after buying an additional 526 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.3%

Shares of SCHD opened at $34.69 on Wednesday. The firm has a market cap of $116.04 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock has a 50 day moving average of $34.02 and a 200-day moving average of $32.82. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31.

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.