Telemus Capital LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,700 shares of the company’s stock, valued at approximately $358,000.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $228,390,000. International Assets Investment Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $89,561,000. LPL Financial LLC raised its position in shares of Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after acquiring an additional 503,970 shares in the last quarter. DDD Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 12,161.9% in the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after acquiring an additional 484,167 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 34.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after acquiring an additional 476,951 shares in the last quarter.
Schwab US Dividend Equity ETF Stock Performance
Shares of NYSEARCA:SCHD opened at $77.27 on Tuesday. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The firm has a market capitalization of $54.15 billion, a P/E ratio of 15.00 and a beta of 0.79. The stock has a 50 day moving average price of $78.22 and a 200-day moving average price of $75.05.
About Schwab US Dividend Equity ETF
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.
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