Summit Global Investments Buys 265,610 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Summit Global Investments grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 215.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 388,775 shares of the company’s stock after acquiring an additional 265,610 shares during the quarter. Summit Global Investments owned about 0.06% of Schwab US Dividend Equity ETF worth $10,621,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $34,000. Anchor Investment Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after buying an additional 428 shares during the last quarter. Bernardo Wealth Planning LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock worth $366,000 after buying an additional 498 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 30,496 shares of the company’s stock worth $2,578,000 after buying an additional 529 shares during the last quarter. Finally, Central Pacific Bank Trust Division lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Shares of SCHD stock opened at $27.76 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a market cap of $68.84 billion, a P/E ratio of 17.56 and a beta of 0.86. The business has a fifty day simple moving average of $27.95 and a 200 day simple moving average of $28.13.

Schwab US Dividend Equity ETF 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.