SouthState Bank Corp Increases Position in Schwab US Dividend Equity ETF $SCHD

SouthState Bank Corp lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 46,662 shares of the company’s stock after acquiring an additional 31,152 shares during the quarter. SouthState Bank Corp’s holdings in Schwab US Dividend Equity ETF were worth $1,280,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Mountain Hill Investment Partners Corp. increased its holdings in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares during the last quarter. Merrithew & Thorsten Inc bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $25,000. Field & Main Bank bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Dynamic Wealth Strategies LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Finally, Triumph Capital Management bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $33,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.30 on Monday. The firm has a market cap of $91.69 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.91. The business has a 50-day moving average price of $31.49 and a 200 day moving average price of $30.07.

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.