Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Van Cleef Asset Management Inc

Van Cleef Asset Management Inc boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,412 shares of the company’s stock after acquiring an additional 172 shares during the period. Van Cleef Asset Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $640,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SCHD. Raleigh Capital Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $28,000. Bear Mountain Capital Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $34,000. Howe & Rusling Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after buying an additional 344 shares during the last quarter. Carmel Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $39,000. Finally, WestHill Financial Advisors Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 106.3% during the 3rd quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock worth $44,000 after buying an additional 319 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Shares of SCHD stock traded down $0.57 on Thursday, reaching $77.56. 3,408,217 shares of the stock were exchanged, compared to its average volume of 3,638,004. The stock has a market cap of $54.26 billion, a P/E ratio of 14.82 and a beta of 0.77. The firm has a 50 day moving average of $78.29 and a two-hundred day moving average of $75.13. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

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.