Victrix Investment Advisors Takes $1.47 Million Position in Schwab US Dividend Equity ETF $SCHD

Victrix Investment Advisors purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 53,450 shares of the company’s stock, valued at approximately $1,466,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. grew its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $25,000. Field & Main Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Triumph Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Stock Up 0.7%

Shares of SCHD stock opened at $32.59 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.91. The firm has a market capitalization of $92.51 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The firm has a fifty day moving average of $31.46 and a 200-day moving average of $30.03.

About Schwab US Dividend Equity ETF

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.