Lee Danner & Bass Inc. Invests $77,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lee Danner & Bass Inc. bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 2,825 shares of the company’s stock, valued at approximately $77,000.

A number of other large investors have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC grew its holdings in Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares during the last quarter. PFG Private Wealth Management LLC grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares during the last quarter. Finally, IFS Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of NYSEARCA:SCHD opened at $27.76 on Friday. The company has a market capitalization of $68.84 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The firm’s 50-day moving average is $27.95 and its 200 day moving average is $28.13.

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.