Camden National Bank Buys 16,663 Shares of Schwab US Dividend Equity ETF $SCHD

Camden National Bank lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.8% in the first quarter, HoldingsChannel.com reports. The firm owned 171,581 shares of the company’s stock after purchasing an additional 16,663 shares during the quarter. Camden National Bank’s holdings in Schwab US Dividend Equity ETF were worth $5,264,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SCHD. Cassaday & Co Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares in the last quarter. Paradiem LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $56,258,000. Cibc World Market Inc. raised its position in shares of Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after acquiring an additional 1,694,144 shares during the last quarter. Keudell Morrison Wealth Management bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $43,773,000. Finally, Baer Investment Advisory LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at $46,847,000.

Schwab US Dividend Equity ETF Stock Down 1.1%

Shares of SCHD opened at $32.20 on Wednesday. The stock’s fifty day simple moving average is $32.19 and its 200-day simple moving average is $30.97. The firm has a market capitalization of $97.99 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92.

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.