Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Snowden Capital Advisors LLC

Snowden Capital Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 548,544 shares of the company’s stock after purchasing an additional 369,241 shares during the period. Snowden Capital Advisors LLC owned about 0.08% of Schwab US Dividend Equity ETF worth $14,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $26,000. Ritter Daniher Financial Advisory LLC DE increased its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares in the last quarter. PFG Private Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the period. Moisand Fitzgerald Tamayo LLC boosted its position in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $26.42 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The stock has a market capitalization of $68.69 billion, a PE ratio of 15.01 and a beta of 0.82. The business has a 50 day simple moving average of $26.35 and a 200-day simple moving average of $27.53.

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 was Wednesday, March 26th.

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.