172,620 Shares of Schwab US Dividend Equity ETF $SCHD Acquired by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 172,620 shares of the company’s stock, valued at approximately $5,615,000. Schwab US Dividend Equity ETF comprises about 1.7% of Samalin Investment Counsel LLC’s investment portfolio, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Brookstone Capital Management purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth about $71,011,000. Summit Financial Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $63,803,000. Paradiem LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth approximately $56,258,000. Baer Investment Advisory LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at approximately $46,847,000. Finally, Albion Financial Group UT purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $39,427,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $35.27 on Monday. The company has a market capitalization of $118.44 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm has a 50 day moving average of $34.07 and a 200 day moving average of $32.92. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.45.

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.