88,180 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by Piedmont Capital Management LLC NC

Piedmont Capital Management LLC NC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 88,180 shares of the company’s stock, valued at approximately $2,419,000. Schwab US Dividend Equity ETF comprises approximately 1.6% of Piedmont Capital Management LLC NC’s portfolio, making the stock its 16th largest position.

Several other hedge funds have also modified their holdings of the stock. Retirement Financial Solutions LLC boosted its position in shares of Schwab US Dividend Equity ETF by 53.9% in the fourth quarter. Retirement Financial Solutions LLC now owns 487,419 shares of the company’s stock worth $13,370,000 after acquiring an additional 170,638 shares during the last quarter. STAR Financial Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $212,000. MML Investors Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 5.8% in the fourth quarter. MML Investors Services LLC now owns 6,298,234 shares of the company’s stock worth $172,761,000 after acquiring an additional 345,987 shares during the last quarter. FF Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 31.2% in the fourth quarter. FF Advisors LLC now owns 10,408 shares of the company’s stock worth $285,000 after acquiring an additional 2,476 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 82.1% in the fourth quarter. Financial Gravity Asset Management Inc. now owns 19,307 shares of the company’s stock worth $530,000 after acquiring an additional 8,703 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $32.82 on Monday. The company’s 50 day simple moving average is $31.68 and its 200 day simple moving average is $30.26. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.92. The stock has a market capitalization of $93.17 billion, a PE ratio of 14.57 and a beta of 0.67.

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.