B & T Capital Management DBA Alpha Capital Management Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

B & T Capital Management DBA Alpha Capital Management increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 194.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,128 shares of the company’s stock after acquiring an additional 91,145 shares during the period. B & T Capital Management DBA Alpha Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $3,774,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $38,000. Finally, Quent Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 86.6% in the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after acquiring an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.99 on Friday. The business has a fifty day moving average price of $28.19 and a 200 day moving average price of $27.81. Schwab US Dividend Equity ETF has a 12 month low of $25.03 and a 12 month high of $29.72. The stock has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

About Schwab US Dividend Equity ETF

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.