Trek Financial LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Trek Financial LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 128.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,453 shares of the company’s stock after purchasing an additional 37,923 shares during the quarter. Trek Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,843,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $34,000. Hobbs Group Advisors LLC purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $68,000. Central Pacific Bank Trust Division increased its holdings in 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 acquiring an additional 604 shares during the period. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $26,000. Finally, PFG Private Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $25.28 on Monday. The firm has a market capitalization of $63.71 billion, a P/E ratio of 17.12 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $24.49 and a one year high of $29.72. The company has a fifty day moving average price of $27.88 and a 200-day moving average price of $28.11.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.