MAS Advisors LLC Purchases 42,609 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MAS Advisors LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 326.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 55,645 shares of the company’s stock after purchasing an additional 42,609 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 2.5% of MAS Advisors LLC’s investment portfolio, making the stock its 12th biggest position. MAS Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,520,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SCHD. AQR Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth $879,000. GAMMA Investing LLC grew its holdings in Schwab US Dividend Equity ETF by 56.8% during the 3rd quarter. GAMMA Investing LLC now owns 3,251 shares of the company’s stock worth $275,000 after acquiring an additional 1,178 shares during the period. Alpha Financial Partners LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $1,283,000. Diversified Trust Co boosted its position in shares of Schwab US Dividend Equity ETF by 15.7% during the 3rd quarter. Diversified Trust Co now owns 18,359 shares of the company’s stock valued at $1,552,000 after purchasing an additional 2,489 shares in the last quarter. Finally, Kure Advisory LLC lifted its stake in Schwab US Dividend Equity ETF by 3.9% in the third quarter. Kure Advisory LLC now owns 76,329 shares of the company’s stock valued at $6,452,000 after buying an additional 2,843 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.1 %

Shares of NYSEARCA SCHD opened at $27.76 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The firm has a market cap of $19.47 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s fifty day simple moving average is $27.98 and its 200 day simple moving average is $27.97.

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.