18,598 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Bought by Ring Mountain Capital LLC

Ring Mountain Capital LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,598 shares of the company’s stock, valued at approximately $508,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Exencial Wealth Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 203.3% in the fourth quarter. Exencial Wealth Advisors LLC now owns 739,374 shares of the company’s stock worth $20,200,000 after acquiring an additional 495,576 shares during the period. Synergy Investment Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $6,811,000. Pinion Investment Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 200.9% in the fourth quarter. Pinion Investment Advisors LLC now owns 18,685 shares of the company’s stock worth $510,000 after acquiring an additional 12,475 shares during the period. Scott & Selber Inc. lifted its stake in Schwab US Dividend Equity ETF by 192.8% in the fourth quarter. Scott & Selber Inc. now owns 98,005 shares of the company’s stock worth $2,677,000 after acquiring an additional 64,534 shares during the period. Finally, Planning Alternatives Ltd. ADV lifted its position in Schwab US Dividend Equity ETF by 191.8% during the fourth quarter. Planning Alternatives Ltd. ADV now owns 66,558 shares of the company’s stock valued at $1,818,000 after buying an additional 43,751 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.40 on Tuesday. The firm has a market capitalization of $69.58 billion, a P/E ratio of 17.48 and a beta of 0.88. The business has a fifty day simple moving average of $27.80 and a two-hundred day simple moving average of $28.12. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72.

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.