Bryn Mawr Capital Management LLC Acquires 45,177 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bryn Mawr Capital Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 85.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,088 shares of the company’s stock after acquiring an additional 45,177 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $38,000. Phillips Financial Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 144.8% during 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 in the last quarter. Finally, Hobbs Group Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $68,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $28.15 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The firm’s fifty day moving average is $27.73 and its 200 day moving average is $28.08. The stock has a market cap of $68.97 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.