Signet Financial Management LLC Purchases 7,289 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Signet Financial Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 175.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,433 shares of the company’s stock after buying an additional 7,289 shares during the period. Signet Financial Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $312,000 as of its most recent SEC filing.

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

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.30 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The stock has a market cap of $19.15 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average price is $28.27 and its 200-day moving average price is $27.78.

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.