Schwab US Dividend Equity ETF $SCHD Shares Newly Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 599,451 shares of the company’s stock, valued at approximately $19,500,000.

Several other hedge funds have also modified their holdings of SCHD. Vanguard Capital Wealth Advisors grew its position in shares of Schwab US Dividend Equity ETF by 0.8% in the 3rd quarter. Vanguard Capital Wealth Advisors now owns 38,880 shares of the company’s stock worth $1,265,000 after buying an additional 296 shares during the last quarter. Wealth Management Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Wealth Management Partners LLC now owns 18,307 shares of the company’s stock worth $596,000 after acquiring an additional 300 shares in the last quarter. Triumph Capital Management raised its stake in shares of Schwab US Dividend Equity ETF by 14.6% during the 3rd quarter. Triumph Capital Management now owns 2,389 shares of the company’s stock worth $78,000 after acquiring an additional 305 shares in the last quarter. Gemmer Asset Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.5% during the second quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock valued at $686,000 after acquiring an additional 317 shares during the last quarter. Finally, FC Advisory LLC lifted its position in Schwab US Dividend Equity ETF by 1.8% during the third quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock valued at $626,000 after acquiring an additional 336 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

Shares of SCHD opened at $35.30 on Tuesday. The company has a market cap of $118.54 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.45. The company has a 50 day moving average of $34.06 and a two-hundred day moving average of $32.14.

About Schwab US Dividend Equity ETF

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.