Quent Capital LLC Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Quent Capital LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 401.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,591 shares of the company’s stock after purchasing an additional 2,074 shares during the period. Quent Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $71,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SCHD. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the 3rd 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 position in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $38,000. Finally, Phillips Financial Management LLC boosted its position in Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.8 %

Shares of SCHD stock opened at $27.65 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The stock has a market capitalization of $19.40 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a 50 day moving average of $27.79 and a two-hundred day moving average of $28.00.

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.