Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Ellevest Inc.

Ellevest Inc. grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 183.3% during the fourth quarter, HoldingsChannel reports. The firm owned 26,087 shares of the company’s stock after buying an additional 16,879 shares during the period. Ellevest Inc.’s holdings in Schwab US Dividend Equity ETF were worth $713,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. Ritter Daniher Financial Advisory LLC DE increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after acquiring an additional 650 shares during the last quarter. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares in the last quarter. PFG Private Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares during the last quarter. Finally, IFS Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

Shares of SCHD opened at $25.73 on Friday. The firm has a market cap of $66.90 billion, a price-to-earnings ratio of 15.01 and a beta of 0.82. The business’s 50 day moving average is $26.50 and its two-hundred day moving average is $27.59. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.