Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Balentine LLC

Balentine LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 326.4% during the 4th quarter, Holdings Channel reports. The firm owned 4,895 shares of the company’s stock after buying an additional 3,747 shares during the period. Balentine LLC’s holdings in Schwab US Dividend Equity ETF were worth $373,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whitaker Myers Wealth Managers LTD. increased its position in shares of Schwab US Dividend Equity ETF by 12.3% in the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock valued at $15,475,000 after purchasing an additional 22,221 shares during the last quarter. FMR LLC lifted its stake in Schwab US Dividend Equity ETF by 22.7% during the third quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after purchasing an additional 11,906 shares during the last quarter. M. Kulyk & Associates LLC acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $514,000. Apexium Financial LP increased its stake in Schwab US Dividend Equity ETF by 27.0% in the fourth quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock valued at $21,856,000 after purchasing an additional 60,972 shares during the last quarter. Finally, Procyon Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 9.9% during the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock worth $338,000 after purchasing an additional 401 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.3 %

Shares of NYSEARCA:SCHD opened at $79.20 on Thursday. The firm has a 50 day simple moving average of $78.58 and a 200-day simple moving average of $76.40. The company has a market capitalization of $55.56 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82.

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.