Saxony Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,366 shares of the company’s stock, valued at approximately $1,085,000.
Other large investors have also recently added to or reduced their stakes in the company. Weaver Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $100,000. WealthPLAN Partners LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $6,469,000. Summit Financial Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $63,803,000. Charles Schwab Trust Co increased its position in Schwab US Dividend Equity ETF by 1.8% during the third quarter. Charles Schwab Trust Co now owns 466,781 shares of the company’s stock worth $15,184,000 after buying an additional 8,191 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $120,000.
Schwab US Dividend Equity ETF Stock Up 1.2%
NYSEARCA:SCHD opened at $34.10 on Friday. The stock’s 50 day moving average price is $34.00 and its two-hundred day moving average price is $32.74. The firm has a market capitalization of $113.92 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31.
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.
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