Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,265 shares of the company’s stock after purchasing an additional 50,095 shares during the period. Salem Investment Counselors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,056,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Colorado Capital Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after acquiring an additional 121 shares during the last quarter. Brick & Kyle Associates boosted its holdings in Schwab US Dividend Equity ETF by 2.9% in the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after purchasing an additional 130 shares in the last quarter. Ascent Group LLC increased its stake in Schwab US Dividend Equity ETF by 1.2% in the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after purchasing an additional 145 shares during the last quarter. Sunflower Bank N.A. raised its holdings in Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its position in shares of Schwab US Dividend Equity ETF by 12.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.30 on Tuesday. The company has a fifty day moving average of $28.27 and a two-hundred day moving average of $27.78. The company has a market capitalization of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72.

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.