Joel Isaacson & Co. LLC Makes New $3.61 Million Investment in Schwab US Dividend Equity ETF $SCHD

Joel Isaacson & Co. LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 110,874 shares of the company’s stock, valued at approximately $3,607,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $337,510,000. Avantax Planning Partners Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $168,991,000. Keybank National Association OH acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $145,332,000. Rakuten Investment Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Rakuten Investment Management Inc. now owns 50,684,634 shares of the company’s stock worth $1,664,990,000 after purchasing an additional 3,545,800 shares during the period. Finally, D.A. Davidson & CO. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $79,998,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $36.02 on Thursday. The business’s 50-day simple moving average is $34.25 and its 200-day simple moving average is $32.59. Schwab US Dividend Equity ETF has a fifty-two week low of $26.60 and a fifty-two week high of $36.38. The stock has a market capitalization of $122.56 billion, a PE ratio of 19.09 and a beta of 0.66.

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.