BNP Paribas Financial Markets Raises Stake in Schwab US Dividend Equity ETF $SCHD

BNP Paribas Financial Markets raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 351,462.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 337,500 shares of the company’s stock after purchasing an additional 337,404 shares during the period. BNP Paribas Financial Markets’ holdings in Schwab US Dividend Equity ETF were worth $9,258,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. lifted its holdings in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $25,000. Field & Main Bank purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $32.29 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $26.16 and a 1-year high of $32.91. The firm’s 50 day simple moving average is $31.53 and its two-hundred day simple moving average is $30.11. The company has a market capitalization of $91.66 billion, a P/E ratio of 14.57 and a beta of 0.67.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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