Smithbridge Asset Management Inc. DE Buys 20,162 Shares of Schwab US Dividend Equity ETF $SCHD

Smithbridge Asset Management Inc. DE lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 382,259 shares of the company’s stock after purchasing an additional 20,162 shares during the quarter. Schwab US Dividend Equity ETF accounts for 1.5% of Smithbridge Asset Management Inc. DE’s holdings, making the stock its 19th biggest holding. Smithbridge Asset Management Inc. DE’s holdings in Schwab US Dividend Equity ETF were worth $10,436,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. PrairieView Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the last quarter. Financial Management Professionals Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $39,000. Independence Bank of Kentucky acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $41,000. Finally, True Wealth Design LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after buying an additional 450 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

NYSEARCA SCHD opened at $28.90 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.11. The business’s fifty day moving average is $27.64 and its 200 day moving average is $27.34. The company has a market cap of $75.72 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.