Stonebridge Financial Group LLC Invests $130,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stonebridge Financial Group LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,743 shares of the company’s stock, valued at approximately $130,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Argus Investors Counsel Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 8.0% in the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after acquiring an additional 355 shares during the last quarter. O ROURKE & COMPANY Inc raised its stake in Schwab US Dividend Equity ETF by 5.7% in the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock valued at $570,000 after purchasing an additional 366 shares during the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000. Brown Lisle Cummings Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 17.3% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after purchasing an additional 375 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the third quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after buying an additional 377 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.65 on Thursday. The firm has a market cap of $19.40 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a 50 day simple moving average of $27.79 and a 200-day simple moving average of $28.00. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72.

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.