Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Aspen Investment Management Inc

Aspen Investment Management Inc boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 191.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,840 shares of the company’s stock after purchasing an additional 9,740 shares during the quarter. Aspen Investment Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SCHD. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $38,000. Finally, Phillips Financial Management LLC increased its stake in Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.32 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The firm has a market capitalization of $69.38 billion, a P/E ratio of 17.48 and a beta of 0.88. The business’s 50-day simple moving average is $27.69 and its 200-day simple moving average is $28.02.

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.