Schwab US Dividend Equity ETF $SCHD Stock Purchased by Dagco Inc.

Dagco Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 855,722 shares of the company’s stock after purchasing an additional 33,711 shares during the quarter. Schwab US Dividend Equity ETF makes up 4.9% of Dagco Inc.’s investment portfolio, making the stock its 7th largest position. Dagco Inc.’s holdings in Schwab US Dividend Equity ETF were worth $27,837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Byrne Asset Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $26,000. DiNuzzo Private Wealth Inc. purchased a new position in Schwab US Dividend Equity ETF during the second quarter worth $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $32,000. Signature Resources Capital Management LLC boosted its stake in Schwab US Dividend Equity ETF by 53.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after buying an additional 500 shares during the last quarter. Finally, Hanson & Doremus Investment Management increased its holdings in shares of Schwab US Dividend Equity ETF by 35.7% during the 1st quarter. Hanson & Doremus Investment Management now owns 2,001 shares of the company’s stock worth $61,000 after buying an additional 526 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.0%

SCHD traded up $0.34 during trading on Tuesday, hitting $34.59. 13,048,095 shares of the company’s stock were exchanged, compared to its average volume of 22,407,580. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31. The firm has a market cap of $115.69 billion, a P/E ratio of 14.57 and a beta of 0.68. The stock has a 50 day moving average price of $34.01 and a 200 day moving average price of $32.79.

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.