Avalon Capital Management Has $848,000 Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Avalon Capital Management lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,050 shares of the company’s stock after purchasing an additional 20,700 shares during the quarter. Avalon Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $848,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Vaughan David Investments LLC IL grew its holdings in shares of Schwab US Dividend Equity ETF by 209.4% during the 4th quarter. Vaughan David Investments LLC IL now owns 1,208,749 shares of the company’s stock worth $33,023,000 after purchasing an additional 818,104 shares in the last quarter. TruNorth Capital Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. TruNorth Capital Management LLC now owns 44,280 shares of the company’s stock worth $1,210,000 after purchasing an additional 29,522 shares in the last quarter. Keeler Thomas Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 145.9% during the 4th quarter. Keeler Thomas Management LLC now owns 18,738 shares of the company’s stock worth $512,000 after purchasing an additional 11,119 shares in the last quarter. Commonwealth Retirement Investments LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 167.7% during the 4th quarter. Commonwealth Retirement Investments LLC now owns 66,731 shares of the company’s stock worth $1,823,000 after purchasing an additional 41,803 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Schwab US Dividend Equity ETF by 257.8% during the 4th quarter. Bank of New York Mellon Corp now owns 737,905 shares of the company’s stock worth $20,160,000 after purchasing an additional 531,676 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.26 on Tuesday. The stock’s fifty day simple moving average is $27.69 and its 200 day simple moving average is $28.05. The firm has a market cap of $69.24 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.

About Schwab US Dividend Equity ETF

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.