Clune & Associates LTD. Acquires 3,755 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Clune & Associates LTD. grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,719 shares of the company’s stock after purchasing an additional 3,755 shares during the period. Clune & Associates LTD.’s holdings in Schwab US Dividend Equity ETF were worth $1,027,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Russell Investments Group Ltd. grew its stake in Schwab US Dividend Equity ETF by 268.3% in the fourth quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock valued at $621,000 after purchasing an additional 16,560 shares in the last quarter. Barclays PLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $74,000. Safeguard Investment Advisory Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 2,627.7% in the fourth quarter. Safeguard Investment Advisory Group LLC now owns 83,930 shares of the company’s stock valued at $2,293,000 after buying an additional 80,853 shares in the last quarter. Walled Lake Planning & Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF by 205.3% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 415,640 shares of the company’s stock worth $11,355,000 after buying an additional 279,503 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 250.2% during the fourth quarter. Proficio Capital Partners LLC now owns 14,007 shares of the company’s stock worth $383,000 after buying an additional 10,007 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.31 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The stock has a market cap of $71.18 billion, a price-to-earnings ratio of 14.34 and a beta of 0.88. The firm’s 50-day moving average is $26.31 and its 200-day moving average is $26.99.

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.