First Growth Capital LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 56,645 shares of the company’s stock, valued at approximately $1,554,000. Schwab US Dividend Equity ETF accounts for approximately 1.5% of First Growth Capital LLC’s investment portfolio, making the stock its 12th largest position.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. grew its position in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares during the last quarter. Merrithew & Thorsten Inc bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000.
Schwab US Dividend Equity ETF Stock Down 0.2%
Shares of NYSEARCA SCHD opened at $31.86 on Friday. The stock has a market capitalization of $90.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The stock’s fifty day simple moving average is $31.82 and its 200 day simple moving average is $30.40. Schwab US Dividend Equity ETF has a 52-week low of $26.16 and a 52-week high of $32.92.
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.
Featured Stories
- Five stocks we like better than Schwab US Dividend Equity ETF
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
