Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 239,658 shares of the company’s stock after buying an additional 158,714 shares during the period. Schwab US Dividend Equity ETF makes up about 3.2% of Burns Matteson Capital Management LLC’s investment portfolio, making the stock its 5th largest holding. Burns Matteson Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,547,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHD. JPMorgan Chase & Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after acquiring an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $163,000. Synovus Financial Corp lifted its holdings in shares of Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after purchasing an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.56 on Monday. The firm’s 50 day moving average price is $27.85 and its two-hundred day moving average price is $27.98. The stock has a market cap of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72.

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.