Delta Investment Management LLC Purchases Shares of 7,985 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Delta Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 7,985 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Capital Wealth Advisors boosted its stake in Schwab US Dividend Equity ETF by 228.5% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 28,194 shares of the company’s stock valued at $770,000 after purchasing an additional 19,612 shares during the last quarter. Waverly Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 217.8% in the 4th quarter. Waverly Advisors LLC now owns 1,479,271 shares of the company’s stock worth $40,414,000 after buying an additional 1,013,757 shares during the last quarter. Weitzel Financial Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 212.5% in the 4th quarter. Weitzel Financial Services Inc. now owns 600,291 shares of the company’s stock worth $16,499,000 after buying an additional 408,224 shares during the last quarter. Whelan Financial boosted its stake in shares of Schwab US Dividend Equity ETF by 208.1% in the 4th quarter. Whelan Financial now owns 1,685,510 shares of the company’s stock worth $46,048,000 after buying an additional 1,138,382 shares during the last quarter. Finally, Williams Jones Wealth Management LLC. boosted its stake in shares of Schwab US Dividend Equity ETF by 62.4% in the 4th quarter. Williams Jones Wealth Management LLC. now owns 9,678 shares of the company’s stock worth $264,000 after buying an additional 3,718 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of NYSEARCA SCHD opened at $26.48 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The stock’s 50 day moving average price is $26.29 and its 200-day moving average price is $27.50. The company has a market capitalization of $68.85 billion, a PE ratio of 15.01 and a beta of 0.82.

Schwab US Dividend Equity ETF Company 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.