Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Wedmont Private Capital

Wedmont Private Capital grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 288.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,965 shares of the company’s stock after purchasing an additional 67,556 shares during the period. Wedmont Private Capital’s holdings in Schwab US Dividend Equity ETF were worth $2,457,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $31,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $34,000. Barrett & Company Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $38,000. Finally, Fairfield Financial Advisors LTD purchased a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $39,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD traded up $0.23 during trading on Monday, reaching $27.24. 13,832,363 shares of the company’s stock traded hands, compared to its average volume of 16,701,754. The company has a 50 day moving average of $28.29 and a 200-day moving average of $27.77. The stock has a market capitalization of $19.11 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $24.97 and a 12 month high of $29.72.

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.