Landaas & Co. WI ADV Purchases New Stake in Schwab US Dividend Equity ETF $SCHD

Landaas & Co. WI ADV purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 47,136 shares of the company’s stock, valued at approximately $1,533,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. D.A. Davidson & CO. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $79,998,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $71,569,000. Brookstone Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $71,011,000. Summit Financial Wealth Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $63,803,000. Finally, BOKF NA purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $60,243,000.

Schwab US Dividend Equity ETF Stock Up 0.3%

NYSEARCA:SCHD opened at $35.90 on Tuesday. The company has a fifty day moving average of $34.15 and a 200 day moving average of $32.36. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $36.10. The firm has a market capitalization of $121.21 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.