Argent Advisors Inc. Buys Shares of 23,649 Schwab US Dividend Equity ETF $SCHD

Argent Advisors Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, Holdings Channel.com reports. The fund bought 23,649 shares of the company’s stock, valued at approximately $649,000.

Other institutional investors also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. grew its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $25,000. Field & Main Bank acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $32.59 on Friday. The stock’s fifty day simple moving average is $31.46 and its 200 day simple moving average is $30.03. The firm has a market cap of $92.51 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.91.

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.